Centricus Acquires Majority Stake in ‘Crazy Rich Asians’ Company SK Global
thewrap.com. Corwin and Penotti added, “Thanks to Sidney Kimmel’s decades long vision, support, and trust, this is all possible.
We are incredibly grateful to Sidney for his leadership and belief in our team, and we will continue to apply the important lessons we learned from him.”“We are excited to have acquired a majority stake in SK Global, a leader in independent content for global audiences,” Josh Purvis, Partner and COO of Centricus, said in a statement. “This deal marks an important investment in the media sector for Centricus.
With strong leadership and strategy, we are confident in the ability to deliver on the vision to tell cultural stories around the world.
We intend to continue investing in that vision through the financing of both content and acquisitions in this fast-growing space.”“This acquisition will allow SK Global to achieve new heights under the leadership of Charlie and John.
Read more on thewrap.com