Amanda Bynes may be free from her conservatorship, but she’s not quite ready to step back into the spotlight.
04.03.2022 - 21:02 / deadline.com
A+E Networks has taken a minority stake in management and production firm Range Media Partners. No financial details are being disclosed but the stake is believed to be in the high teens percent and the deal in the $50 million ballpark, with Range’s valuation at around $300 million. That is a hefty valuation, especially for a company that is just a year and a half old. It is close to what one of Hollywood biggest, most established management-production companies, 3 Arts, sold for in 2018 after 27 years in the business.
The investment, spearheaded by Paul Buccieri, President & Chairman, A+E Networks, and Range CEO Peter Micelli, will see A+E Studios, A+E Networks’ production arm led by Barry Jossen, become a co-production partner for scripted TV projects emerging from Range. It also gives A+E Networks, which operates the likes of A&E, History and Lifetime, a first-look deal on factual television content for its own unscripted production unit comprised by Category 6 Media and Six West Media, which produces 400+ hours of content annually.
Range Media was launched in September 2020 with principal backing from hedge fund billionaire Steve Cohen, via his early-stage venture capital firm Point72 Ventures, which is still a minority investor, and additional backing from former New York Knicks coach David Fizdale, Microsoft CMO Mich Matthews-Spradlin and Grubhub founder/CEO Matt Maloney.
According to sources, Range still has a sizable war chest left from the initial investment and was not proactively looking to sell. The company’s model is built on creating multiple joint ventures with various studios and platforms for various projects. Range had formed a JV with A+E Studios, which has yielded at least one series in development,
Amanda Bynes may be free from her conservatorship, but she’s not quite ready to step back into the spotlight.
Matthew McConaughey and Camila Alves were all smiles as they strolled through New York City together on Sunday, March 20.The happy couple enjoyed the inclimate weather as they bundled up and took a walk outside, interlocking arms before stopping at a local restaurant for a bite to eat.The Dallas Buyers Club actor wore a long coat over a pair of khakis and a light hoodie, adding a brown trucker hat over his long locks. His wife kept things just as casual, wearing an oversized denim jacket lined with shearling and a pair of black leggings that she tucked into some black boots.
Elsa Keslassy International CorrespondentKino Lorber has acquired North American rights to Mathieu Amalric’s “Hold Me Tight,” an engrossing family drama starring “Phantom Thread” actor Vicky Krieps. Co-produced and sold by Gaumont, the movie world premiered at last year’s Cannes Film Festival.Adapted from Claudine Galea’s stage play, “Hold Me Tight” follows Clarisse (Krieps), a mother who has abandoned her family for mysterious reasons and is coping with great emotional upheaval.
EXCLUSIVE: Mathew Knowles, father of Beyoncé and former manager of Destiny’s Child, is gearing up for his own King Richard-style origin story as part of a wide-ranging deal with investment fund APX Capital Group.
Happy in Hudson! Amanda Seyfried and Thomas Sadoski have settled into their new normal since relocating their brood to a farm in upstate New York.
Vanessa Williams shot up to stardom after she was the first Black woman to be crowned Miss America. The 58-year-old then went on to pursue a career as an actress, singer and producer. She has found success both on the stage and the screen. She has starred on Broadway in Into The Woods and Kiss Of The Spider Woman and will be returning to the stage this may in POTUS. She’s also known for her on-screen credits in Ugly Betty, Shaft and Desperate Housewives. Through it all, she has been married multiple times, which she spoke about in an essay with Glamour.
Hilary Duff’s darlings! The actress has welcomed three children with partners Mike Comrie and Matthew Koma over the years.
Maybe one day! Alyssa Milano’s two children have yet to watch their mom in Charmed.
Melania Trump is doubling down amid her bizarre (non?)-charity controversy!
Over it? Darcey Silva explained why her ex-fiancé, Georgi Rusev, did not participate in Darcey & Stacey: The Twins Tell All.
Todd Spangler NY Digital EditorSony Pictures Television sealed a deal to acquire Industrial Media, a major nonfiction TV production company whose portfolio includes “90 Day Fiancé,” “So You Think You Can Dance” and “American Idol.”The deal values Industrial Media at $350 million. Upon closing, Sony Pictures will acquire a majority controlling interest in Industrial Media but the studio declined to reveal its ownership percentage.Industrial Media’s production shingles include 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 companies produce more than 100 programs distributed worldwide in genres including documentary, music competition and reality categories.
Cynthia Littleton Business EditorChicken Soup for the Soul, the parent company of Crackle and other streaming platforms, has reached an agreement to acquire production-distribution outfit 1091 Pictures for $15.6 million.The pact calls for Chicken Soup to acquire the New York-based company for $8 million in cash and the rest in stock. The deal brings to Chicken Soup a library of movies and TV series as well as its own streaming distribution platforms.Chicken Soup plans to merge 1091 Pictures assets with its Screen Vision division to enhance both companies’ ability to provides on-demand distribution options for independent filmmakers.“The 1091 Pictures team transformed their large content library into a scalable, modern distribution platform with a compelling slate of channels that are a pragmatic addition to our existing assets,” said David Fannon, president of Screen Media Ventures.
J. Kim Murphy After several shifts around the release calendar due to the COVID-19 pandemic, “The Batman” finally rolled out the red carpet for its world premiere at Lincoln Center in New York on Tuesday evening. Though Robert Pattinson, Zoë Kravitz and other stars in attendance, the evening was missing one key contributor.
John Mulaney just reached a huge milestone – becoming an official member of the five-timers club as he hosted the latest episode of Saturday Night Live.
Sarah Jessica Parker and Matthew Broderick are making their debut in “Plaza Suite” at New York’s Hudson Theatre.
Back in December, Paul Rudd was set to host “Saturday Night Live” for the fifth time. However, what was supposed to be his triumphant induction into the show’s coveted five-timers club was somewhat spoiled by the COVID-19 surge in New York.
Proud papa! John Mulaney gave a shout-out to his girlfriend, Olivia Munn, and their son, Malcolm, during his Saturday, February 26, appearance on Saturday Night Live.
Paul Rudd was set to host for the fifth time. However, what was supposed to be his triumphant induction into the show's coveted five-timers club was somewhat spoiled by the COVID-19 surge in New York.Now, just over two months later, John Mulaney returned to host the show for his fifth time, and got the traditional fanfare with special guests Steve Martin and Candice Bergen — decked out in their traditional smoking jackets with a golden «5» logo emblazoned across them.The sketch began with Rudd lamenting how he missed his own special.«Well, not to be a total bitch but my five-timer show in December was going to be a lot better. That is, until the whole cast decided to call out sick,» Rudd said, before welcoming Mulaney into to club.