Sony Pictures Television Acquires Industrial Media

March 3, 2022

Sony Pictures Television (SPT) agreed to acquire a majority controlling interest in Industrial Media for a purchase price that values the company at $350 million. The deal expands SPT's nonfiction and documentary production capabilities and scale, adding Industrial Media's portfolio of production companies and roughly 100 employees across multiple U.S. cities.

Buyers
Sony Pictures Television
Targets
Industrial Media
Sellers
Crestview Partners, Funds and accounts managed by BlackRock, UTA (United Talent Agency)
Location
United States
Transaction Type
Buyout

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