Gravitas Ventures Founder & CEO Nolan Gallagher To Step Down In March; New Leadership Will Be Announced In Coming Months
17.02.2023 - 19:41
/ deadline.com
EXCLUSIVE: Gravitas Ventures said Friday that Nolan Gallagher, who founded the indie distributor in Los Angeles in 2006, will be stepping down as CEO and leaving March 31 to focus on soccer team ownership in Cleveland.
The news was revealed by Anthem Sports & Entertainment, which acquired Gravitas Ventures in November 2021 and owns a range of entertainment properties including AXS-TV, HD Net Movies, Fight Network and IMPACT Wrestling, revealed the news.
Under Nolan’s leadership, Gravitas became a global all-rights theatrical distribution company that released more than 3,000 films on VOD, winning recognition from the Film Independent Spirit Awards, the Academy of Motion Pictures Arts & Sciences and numerous film festivals.
In 2019, co-owners Gallagher, Michael Murphy and Brendan Gallagher moved Gravitas Ventures to Cleveland to further economic momentum for media & entertainment in their hometown. To continue that economic impact, Nolan Gallagher and Murphy recently announced they were awarded ownership of a Major League Soccer Next pro men’s soccer team that will begin play in 2025.
“I and by extension Gravitas have been so fortunate to have collaborated with so many talented directors, producers, actors, and media executive over the last 17 years,” said Nolan Gallagher. “To have had a front-row seat and active hand in the birth, growth, and maturation of how audiences enjoy compelling stories on video on demand has been personally and professionally rewarding. I am thankful to the entire Gravitas team past and especially present and wish them and Len Asper and Anthem Sports & Entertainment continued success in the years to come. The time is right to focus efforts on my next chapter, which is launching a brand-new