Two Rivers Media Buys Out Parent Kew Media Group’s Stake In Business

  • Variety
Two Rivers Media has bought out parent group Kew Media Group’s minority stake in the business.

Formed by former Stv Productions head Alan Clements in January 2019, the production outfit behind Channel 5’s recent “Susan Hill’s Ghost Story” launched with the backing of Kew, Noble Grossart Investments and Channel 4’s Indie Growth Fund.

Noble Grossart Investments and Channel 4’s Indie Growth Fund are increasing their interests to facilitate the buy-out.

The buy-out comes a month after Kew Media Group triggered a strategic review of its business, revealing that the company could be broken up or sold completely following a financially turbulent period for Kew.

Kew was launched by Steven Silver and Peter Sussman in 2017, and owns a roster of Canadian production companies such as Bristow Global Media, Frantic Films and Our House Media, as well as distribution outfits Content Media, which became Kew Media Distribution, and Tcb Media Rights.
See full article at Variety »

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