‘Crazy Rich Asians’ Studio SK Global Entertainment Sells Majority Stake to Centricus (EXCLUSIVE)
Brent Lang Executive Editor Centricus has acquired a majority stake in SK Global Entertainment, the independent film and television production and finance company behind “Crazy Rich Asians.” The pact is in in the low to mid nine figures, according to a source with knowledge of the transaction. The deal will provide SK Global with capital to grow its company, potentially through mergers and acquisitions, a well as provide more financing to expand its slate of content. The company plans to double its output, producing four to five movies annually and at least five series. Earlier this year, SK Global acquired Critical Content, a production company focused on unscripted television series such as MTV’s “Catfish” and Netflix’s “Get Organized with The Home Edit.”