‘Crazy Rich Asians’ Producer SK Global Acquires ‘Catfish’ Producer Critical Content

deadline.com:

Critical Content, the largely unscripted producer behind series including MTV’s Catfish and Kevin Hart-fronted Celebrity Game Face, has been acquired by Crazy Rich Asians producer SK Global.It comes as Deadline understands that the Tom Forman-run company has been an acquisition target for much of the last 12 months.SK Global has acquired the company from Anchorage Capital Group, which backed the formation of Critical Content from the ashes of Ryan Kavanaugh’s Relativity.It moves SK Global, which was formed in 2016 with the merger of Sidney Kimmel Entertainment and Ivanhoe Pictures and is best known as a film financier and producer, into the non-scripted television arena.

The company is currently in production on its Thai cave rescue docuseries for Netflix.Tom Forman will continue to serve as Chief Executive Officer of Critical Content and Jenny Daly will continue to serve as President of Critical Content following the deal, terms of which were not disclosed.It comes three years after Critical Content acquired Jenny Daly’s T Group and cut its workforce by 35% following a reorganization.SK Global was represented in the deal by Eisner LLP and Bryor Media Partners.

Anchorage Capital Group was represented by Sheppard Mullin and ACF Investment Bank.“SK Global is in growth mode, and this acquisition represents the expansion of our content and capabilities with the addition of Critical Content’s unparalleled unscripted expertise,” said SK Global Chairman Sidney Kimmel and Co-Chief Executive Officer John Penotti Tom, Jenny and the Critical Content team have built a powerhouse company that excels in the nonfiction arena and has successfully expanded its business with a wide slate of programming across all major streaming