Announced
Completed
Financials
Tags
Merger
Completed
United Kingdom
live broadcast
Acquisition
Domestic
Private
Radio and TV Broadcasters
Majority
Friendly
Synopsis
EMG, a provider of broadcast services and media solutions for live sports, entertainment and events, completed the merger with Gravity Media, a provider of complex live creative production and media services. Financial terms were not disclosed. “This is a pivotal day for the industry, as we bring together two powerhouses to create a truly global business. Both John and I believe this industry needs entities with significant global capability, that are prepared to invest. Our vision is to create a world-class business that sets new industry standards and can seamlessly enter and grow new markets. This is a fantastic opportunity, which in turn gives our customers the best solutions and quality they rightly demand. We’ll be able to invest in global platforms, end-to-end production and, of course, the best people. We’re looking forward to getting started!” Shaun Gregory, EMG CEO.
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