Sony Pictures Television has acquired Industrial Media in a $350 million deal as part of a push toward more nonfiction content.
“At SPT our focus is on leadership and quality in growing areas of television, and nonfiction content makes up a significant share of TV viewing,” Ravi Ahuja, chairman of Global Television Studios, said in a statement. “Acquiring Industrial Media gives us scale and expertise that nicely complements our current TV production businesses. Eli, Aaron and their talented group of producers have consistently succeeded with high-quality series and documentaries. We can’t wait to get to work with them.”
Industrial Media’s portfolio of producers includes 19 Entertainment, B17 Entertainment, House of NonFiction, Sharp Entertainment, The Intellectual Property Corporation (IPC), This Machine Filmworks, This Radicle Act, and Trilogy Films.
The company has produced titles including the “90 Day Fiancé” franchise for TLC, “Indian Matchmaking” for Netflix, “We’re Here” for HBO, “The Curse of Von Dutch” and “The D’Amelio Show” for Hulu, “Secrets of Playboy” for A&E, “So You Think You Can Dance” for Fox, and “American Idol” for ABC.
More to eat…
Reference-www.thewrap.com
