Shout! Studios has purchased Gravitas Ventures, a company previously owned by Anthem Sports & Entertainment. The specifics of the financial transaction have been kept confidential.
I’m thrilled to announce that we’ve acquired Gravitas Ventures, which gives us access to more than 3,300 films and TV shows, including scripted, non-scripted, and sports-related content. While we’ll maintain our unique identities as Shout! Studios and Gravitas Ventures, each of us will distribute content from our respective catalogues independently. This strategic move will allow us to expand our reach and offer even more diverse and engaging content to our audiences.
Shout’s growth strategy takes a significant leap forward with Gravitas. We’re thrilled about collaborating with the Gravitas crew and we see plenty of chances to broaden the reach of our merged collection,” stated Garson Foos, CEO of Shout! Studios.
Shout! Studios, a company with Oaktree Capital Management as its financial backer, boasts an impressive collection of titles. Among them are “The Carol Burnett Show,” “Mystery Science Theatre 3000,” along with movies from GKIDS and Studio Ghibli.
Gravitas Ventures’ latest movie lineup features “Mack & Rita” with Diane Keaton in the lead, along with “The Kings Daughter,” featuring Pierce Brosnan and Kaya Scodelario, as well as “Our Friend,” starring Casey Affleck, Dakota Johnson, and Jason Segel.
We’re delighted to have Gravitas join our Shout! group, seeing it as another excellent demonstration of Shout’s knack for finding and closing appealing library acquisitions within the industry. We look forward to aiding the entire Shout team as we explore more avenues for organic growth and mergers and acquisitions in the future,” commented Jared Frandle, managing director at Oaktree’s Special Situations Strategy.
Salem Partners served as the financial and investment banking consultant for both Anthem Sports & Entertainment and Gravitas Ventures, under the leadership of Ivar Combrinck. Sheppard Mullin took on the role of exclusive legal advisors to Anthem Sports & Entertainment, with Shaun Clark and Aerin Snow at the helm. Conversely, Greenberg Traurig was the exclusive legal counsel for Shout Studios, under the direction of Ben Einbinder and Daniel Black.
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2025-04-07 19:46