Prdn. facilities Gravity acquires new business
Gravity Media has agreed to acquire Chief Entertainment from Telstra.
- Published by David Knox
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- Filed under News
Broadcast facilities & production services Gravity Media has agreed to acquire Artarmon-based live studio & production services Chief Entertainment from Telstra.
Gravity Media currently operates in Australia under the Gearhouse Broadcast, HyperActive Broadcast and Input Media brands
John Newton, Founder & CEO, said, “Chief Entertainment has achieved significant external revenue growth over the past three years, has an impressive customer base and is respected for the quality of the work it delivers. Our Gearhouse Broadcast and Input Media businesses have worked with Chief Entertainment for many years and we see it as a natural fit with our existing businesses in Australia.
“Chief Entertainment’s strengths include strong relationships with major Australian national sporting bodies, music and entertainment industries, as well as the creation of multi-platform entertainment and corporate television programmes involving some of Australia’s premier talent. We look forward to working with the Chief Entertainment team to continue to grow our content production capabilities and deliver enhanced services to our clients.”
The deal is expected to complete by the end of August.