Saban Capital Group

From The invisible Empire

Saban Capital Group LLC
TypePrivate
Industry
  • Private equity
  • Entertainment
  • Media
  • Merchandising
  • Communications
PredecessorSaban Entertainment (currently BVS Entertainment)
FoundedOctober 24, 2001; 23 years ago (2001-10-24)
FounderHaim Saban
HeadquartersLos Angeles, California, U.S.
Area served
Worldwide
Key people
  • Haim Saban (Chairman, CEO)
  • Adam Chesnoff (President/COO)
Products
  • Films
  • Mass media
  • Television shows
  • Consumer products
Divisions
  • Saban Brands (formerly)
  • Saban Ventures
  • Saban Films
  • Saban Music Group
Subsidiaries
  • Saban Real Estate LLC.
  • Broadcasting Media Partners, Inc. (now TelevisaUnivision) (20%)
  • Celestial Tiger Entertainment (JV)
Websitewww.saban.com

Saban Capital Group LLC is an American investment company based in Los Angeles, California focused on media, entertainment and communications. Formed in 2001 by Haim Saban, Saban Capital Group owns Saban Films, and co-owns Celestial Tiger Entertainment.

History

In October 2006, SCG's Saban Entertainment Group division announced the beginning of its virtual studio program for starting up and developing family entertainment. In March 2007, Univision Communications was sold to Broadcasting Media Partners which includes Saban Capital Group, Madison Dearborn Partners, Providence Equity Partners, TPG Capital, and Thomas H. Lee Partners. On October 17, 2011, Saban Capital Group acquired 7.5% stake in Jakarta-based Indonesian largest integrated media company, Media Nusantara Citra. In July 2012, Saban Capital Group acquired minority stake in PT MNC Sky Vision Tbk, the largest pay-TV operator in Indonesia which owns Indovision and Top TV. In June 2012, Kidsco Media Ventures LLC, a SCG affiliate, jointly with Konami's 4K Acquisition Corp. purchased some of the key assets of 4Kids Entertainment with Kidsco getting the Dragon Ball Z Kai, Cubix, Sonic X and The CW Network's Saturday Morning programming block contract rights. In August 2012, Saban Capital Group launched a new music publishing division called "Music Ventures".

On September 13, 2018, Saban Capital Acquisition Corp. announced the purchase of Panavision and Sim Video International in a $622 million cash and stock deal. The transaction was aimed at creating a comprehensive production and post-production entity. Saban Capital Acquisition Corp. proposed a change of name to Panavision Holdings Inc., but expected to continue to trade on the Nasdaq stock exchange. Saban ended up terminating its deal to acquire Panavision on March 1, 2019.

Saban Brands

On May 5, 2010, Saban Capital Group announced that it would start Saban Brands (SB), a successor company to Saban Entertainment (later known as BVS Entertainment) dedicated to acquiring entertainment and consumer brands. On May 12 the same year, 2010, Saban Brands bought back the Power Rangers franchise and some of its some related shows from the Walt Disney Company for $43 million and would produce a new nineteenth season of Power Rangers that began airing on Nickelodeon on February 7, 2011, with the previous 700 episodes being rerun on Nicktoons.

In February 2018, Saban Brands appointed Hasbro as the global master toy licensee for Power Rangers beginning in April 2019 with a future option to purchase the franchise. On May 1, 2018, Saban agreed to sell Power Rangers and other entertainment assets to Hasbro for US$522 million in cash and stock, with the sale expected to close in the second quarter. Other properties in the deal included My Pet Monster, Popples, Julius Jr., Luna Petunia, Treehouse Detectives and Saban Brands' content/media libraries (excluding Rainbow Butterfly Unicorn Kitty, Sonic X and other properties that were sold to different companies before the deal). Saban's Digimon and Pretty Cure licenses were also transferred to Hasbro, although were later left to expire, thus reverting to Toei Animation Inc. for its international distribution. Only nine existing employees out of sixty would be retained by SCG, and the Saban Brands subsidiary ended operations upon the closure of business on July 2, 2018.

Saban Films

Saban Films
TypeSubsidiary
IndustryFilm production
FoundedMay 6, 2014; 10 years ago (2014-05-06)
FounderHaim Saban
HeadquartersLos Angeles, California,
Area served
Worldwide
Key people
Bill Bromiley (president)
ProductsMotion pictures
ParentSaban Capital Group
DivisionsSCG Films
Websitewww.sabanfilms.com

On May 6, 2014, Saban Capital announced the launch of Saban Films (SF), a distribution company that will acquire yearly 8 to 10 feature films for the North American market.

Units

  • Saban Entertainment Group
  • Saban Kids & Family
  • Saban Films
  • Saban Real Estate, LLC

Investments

Current

  • Celestial Tiger Entertainment (CTE) (JV)
  • Qoo10
  • Taomee (minority stake)
  • Playbuzz (2016)
  • Bustle
  • IronSource
  • Sim Video International

Past

  • Bezeq
  • Keshet Broadcasting LTD
  • Panavision
  • ProSiebenSat.1 Media AG
  • Vessel
  • Broadcasting Media Partners (20%)
    • Univision Communications, Inc.
  • Media Nusantara Citra (MNC) (7.5%)

Political activities

The Saban Group is a top contributor to the Democratic Party. It has donated to former President Barack Obama's campaign and was one of the top donors of the Clinton Campaign of 2016 with a contribution of approximately 12 million dollars.

List of television shows, films and libraries

Saban Entertainment Group

  • Hollywood Star Dogs
  • Cirque du Soleil Media
  • CNCO
  • Emojiville
  • La Banda
  • Macbeth Footwear
  • Mambo Graphics
  • MIX5
  • Paul Frank
  • Piping Hot

Saban Brands

These properties were formerly owned by Saban Brands until 2018:

  • Digimon (currently by Discotek Media and Toei Animation Inc.)
  • Rainbow Butterfly Unicorn Kitty (currently by Funrise and Jetpack Distribution)
  • Shinzo (currently by Toei Animation Inc.)
  • Sonic X (currently by Discotek Media and TMS Entertainment)

These properties are now owned by Hasbro, via Hasbro Entertainment:

  • Beetleborgs
  • Cubix
  • Glitter Force (co-ownership with Toei Animation Inc.)
  • Julius Jr.
  • Kibaoh Klashers
  • Luna Petunia
  • Masked Rider
  • My Pet Monster (purchased from American Greetings/TCFC, Inc.)
  • Ninja Turtles: The Next Mutation (co-ownership with Paramount Global)
  • Popples (purchased from American Greetings/TCFC, Inc.)
  • Power Rangers (co-ownership with Toei Company)
  • Treehouse Detectives
  • VR Troopers

References

External links

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