Shout! Studios has added a new company to its portfolio.
The multi-platform media company backed by Oaktree Capital Management, has acquired Gravitas Ventures from Anthem Sports & Entertainment, Inc.
According to the official release, the addition to Shout! Studios’ family of properties “is consistent with the company’s strategic vision to build a large-scale, world-class distributor of movies and TV series for multi-platform partners around the globe. Gravitas Ventures provides Shout! access to over 3,300 scripted, non-scripted and sports-related feature film, documentary and television titles, adding genre diversification and title depth to Shout’s already extensive catalogue.”
Gravitas Ventures was founded in Los Angeles by media exec Nolan Gallagher in 2006 and moved its headquarters to Cleveland in 2019.