Brian Steinberg-Senior Fernando Szew Entertainment CEO Fox Brian Steinberg-Senior Fernando Szew

Fox Entertainment Buys MarVista in Bid To Ramp Up for Streaming Wars

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variety.com

Brian Steinberg Senior TV EditorFox Entertainment said it acquired MarVista Entertainment, a studio that specializes in, among other things, production for digital platforms.

The acquisition is part of a bid to expand the company’s content portfolio as it places more emphasis on Tubi, the ad-supported streaming outlet that parent Fox Corporation bought for $440 million in 2020.MarVista, founded in 2003, creates an average of 80 titles across different genres and has a content catalog of more than 2,500 hours of programming.

It has also developed an expertise in creating holiday-themed content. The company will be led by Fernando Szew, its CEO and founding partner.“Fernando and his team have built a globally respected studio with a track.

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