Since Holzman and Saidman took the lead at Industrial Media three years ago, the company has nearly doubled in size and the multi-Emmy winning founders remain among the most prolific producers and respected management teams working in nonfiction today.
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Eli, Aaron and their talented group of producers have consistently succeeded with high-quality series and documentaries. We can’t wait to get to work with them.”
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Ravi Ahuja said: “At SPT our focus is on leadership and quality in growing areas of television, and nonfiction content makes up a significant share of TV viewing. Acquiring Industrial Media gives us scale and expertise that nicely complements our current TV production businesses. In these roles, Holzman and Saidman will oversee day-to-day operations of SPT Nonfiction. Holzman’s longtime producing partner, Industrial Media President and Co-Founder & President of IPC, Aaron Saidman, will join the company as Co-President, Nonfiction Entertainment, reporting to Holzman. Industrial Media CEO and founder & CEO of IPC, Eli Holzman, will join SPT as President of Nonfiction Entertainment upon closing, reporting to Ravi Ahuja, Chairman of Global Television Studios and SPE Corporate Development. The transaction is subject to customary closing conditions, including regulatory approvals. Upon closing, Sony Pictures will acquire a majority controlling interest in Industrial Media based on a purchase price which values the company at $350M, subject to customary transaction adjustments.
Collectively, the Industrial Media group has approximately 100 employees in Los Angeles, New York and Atlanta, producing multi-platform programming across a variety of genres, including the documentary, music competition and reality categories. The acquisition will add significant size and scale, as well as expanded capabilities to SPT’s nonfiction operation. Titles include the hit 90 Day Fiancé franchise for TLC, Indian Matchmaking for Netflix, the GLAAD Media Award winning We’re Here for HBO, The Curse of Von Dutch and The D’Amelio Show for Hulu, Secrets of Playboy for A&E, Selena+Chef and Craftopia for HBO Max, So You Think You Can Dance for FOX, and American Idol for ABC (which 19 Entertainment co-produces). Industrial Media companies produce over 100 programs for audiences worldwide. Industrial Media’s award-winning portfolio of producers includes 19 Entertainment, B17 Entertainment, House of NonFiction, Sharp Entertainment, The Intellectual Property Corporation (IPC), This Machine Filmworks, This Radicle Act, and Trilogy Films. SPT also announced the formation of a new Game Show production division to be led by longtime SPT executive, Suzanne Prete. Over the years it moved into broadcasting, recording, merchandising, and music publishing before being rebranded Columbia Pictures Television.CULVER CITY, CA, Ma– Sony Pictures Television (“SPT”), a division of Sony Pictures Entertainment (“SPE”), today announced an agreement has been signed to acquire Industrial Media, one of the foremost independent nonfiction production companies. First incorporated in 1948, Screen Gems was originally the studio’s television subsidiary. Its history is longer than that, however. Under Culpepper, Screen Gems established itself as a home for horror films, comedies, and movies that targeted African-American audiences. At Affirm, he scored with the likes of “War Room” and “Miracles From Heaven.” He partnered with Paramount on the best picture nominee “Arrival” and acquired the original “Insidious” at the 2008 Toronto International Film Festival. Bersch has impressed Sony brass with his knack for picking hits. As head of Sony Pictures Worldwide Acquisitions, Bersch also oversees Stage 6 Films and Affirm Films, the studio’s faith-based label. Bersch, for instance, picked up “Don’t Breathe,” a critically acclaimed horror smash that was distributed under the Screen Gems banner. The thought is that the two businesses often overlap and complement one another.
“Luckily for us, he will still be a large part of our family, continuing to produce hit movies for Sony.”īersch will add Screen Gems to his portfolio of projects while continuing to run Sony’s global acquisitions business, sources say. “He has an indelible legacy, and I want to thank him for his years of extraordinary commitment to ,” he added. “Under his leadership, Screen Gems is one of the most prolific and diverse genre labels in the industry.” “Clint has had an extraordinary career at ,” Rothman wrote. In a note to staff, Sony Pictures chief Tom Rothman did not mention Bersch’s new role, but praised Culpepper’s 28-year run at Sony. A spokesman for Sony declined to comment on Bersch’s promotion.
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