Sony Pictures Television has acquired British kids producer Silvergate Media for just under $200M. The Hollywood studio has bought the Octonauts and Peter Rabbit producer from the LA-based investme…
producer from the LA-based investment firm Shamrock Capital and Silvergate’s management team for a total of $195M.Sony has acquired 100% of Silvergate Topco Limited, whose assets include Silvergate’s 49% interest in a joint venture with Beijing-based Wanda Group, which holds the rights to Octonauts. Additionally, it has acquired a minority stake in Silvergate BP Bidco Limited, which produces the Peter Rabbit television series and will continue to be majority-owned by Waheed Alli.
Waheed Alli added, “We are all excited about joining SPT and the creative teams within the SPT family. 2020 will see a new and strong development slate coming to market with some exciting new series in the pipeline.”
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