By Jake Kanter International TV Editor Essential Media Group, the Australia and LA-based producer behind shows including Texas Flip N Move, has completed a management buyout from collapsed production empire Kew Media Group.
Essential Media CEO Greg Quail and president Jesse Fawcett have acquired 100% of the company, while their post-house partner Dave Cole will also hold a stake.
Fawcett has also acquired Big Timber Media from Kew in a separate transaction. Quail said: “I am gutted by the collapse of Kew, they’re good people and there is nothing to celebrate here, but we will take this moment to buy back, consolidate our resources and rebuild.
Read more on deadline.com
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