Sony buys 'American Idol' producer Industrial Media in $350 million deal
Sony Pictures Television is acquiring a majority stake in unscripted TV producer Industrial Media in a deal that values the company at $350 million.SPT is primarily known for scripted shows and popular games shows like "Jeopardy!" and "Wheel of Fortune."
Industrial Media produces around 100 reality TV shows, including "So You Think You Can Dance?", "Indian Matchmaking" and TLC's "90 Day Fiance" franchise. It co-produces "American Idol" with Fremantle.Industrial Media founder Eli Holzman will join SPT as president of nonfiction entertainment. Holzman’s longtime producing partner, Industrial Media President Aaron Saidman, will join SPT as co-president of nonfiction entertainment.After the deal closes, Holly Jacobs, SPT’s executive vice president of alternative and syndicated programming, will leave the studio. She will segue into a producing deal with Sony.Industrial Media was formed in 2018 when Holzman's The Intellectual Property Corp merged with Core Media.
Industrial Media includes the following production companies: 19 Entertainment, B17 Entertainment, House of NonFiction, Sharp Entertainment, The Intellectual Property Corporation , This Machine Filmworks, This Radicle Act, and Trilogy Films.Investors in Industrial Media included Crestview Partners, BlackRock and United Talent Agency.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sony Pictures Television Acquires Industrial Media In $300M+ Deal, Restructures Its Unscripted OperationsSony Pictures Television is expanding its unscripted footprint in a big way. The TV studio has signed an agreement to acquire independent nonfiction production company Industrial Media whose portfo…
Baca lebih lajut »
Bob Dylan goes meta as Sony and Universal partner with Snowcrash NFT platform“The times they are-a-changin.” NFT collections for Bob Dylan and Miles Davis will be released as part of partnerships by Solana-based NFT marketplace Snowcrash with Sony Music and Universal Music Group.
Baca lebih lajut »
I Wore Sony LinkBuds All Weekend And Here’s What I ThoughtSony has managed to reinvent true wireless earbuds with its new donut-shaped earbuds. Check out the review of Sony LinkBuds from ForbesVetted
Baca lebih lajut »
Sony Pictures Television Acquires Industrial Media In $300M+ Deal, Restructures Its Unscripted OperationsSony Pictures Television is expanding its unscripted footprint in a big way. The TV studio has signed an agreement to acquire independent nonfiction production company Industrial Media whose portfo…
Baca lebih lajut »
‘American Idol’s’ 15 Most Successful Stars“American Idol” debuted 20 years ago and has since launched the careers of many budding singers. The series premiered on Fox in 2002 with judges Simon Cowell, Paula Abdul and Randy Jack…
Baca lebih lajut »
Here’s How to Watch ‘American Idol’ For Free to See Who’s Crowned as This Season’s WinnerAn American classic, if you will. 😉
Baca lebih lajut »