Lacewood Productions was a Canadian animation studio based in Ottawa, Ontario. It produced a television series, Katie and Orbie, as well as specials based on For Better or For Worse, and the 1990 feature The Nutcracker Prince. In 1997, Paragon Entertainment Corporation took over the studio due to debt reasons. Paragon eventually folded, with most of Lacewood's library and former assets being acquired by Amberwood Entertainment in 2000. Lacewood was the successor to Hinton Animation Studios, a company created by Sheldon Wiseman, which closed down due to debt problems.