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Sky Vision takes majority stake in Avanti Media

Sky Vision, the production and distribution arm of Sky, has inked a deal with Avanti Media that will give the prodco a majority (51%) stake in the company. The London and Cardiff-based ...
January 16, 2018

Sky Vision, the production and distribution arm of Sky, has inked a deal with Avanti Media that will give the prodco a majority (51%) stake in the company.

The London and Cardiff-based indie will sit along Sky Vision’s current production portfolio that includes nine other companies: Love Productions, Blast Films, True North and Sugar Films in the UK and Jupiter Entertainment, Znak & Co and Talos Films in the U.S. Sky Vision acquired a minority shareholding in Avanti in early 2017.

Sky Vision and Avanti Media currently have a distribution relationship via a two-year first-look deal that was signed in 2016.

In 2017, Avanti Media and copro partner Nine Lives jointly won the BBC tender for the three-year contract to produce the pubcaster’s long-running worship series, Songs of Praise.

The factual and entertainment specialist was founded by Emyr Afan and Mair Davies in 1997. The company produces both UK network and Welsh language programming.

“We have been working with Avanti for two years now, so the acquisition of a majority stake is a natural extension of our joint growth strategy,” said Sky Vision managing director, Jane Millichip (pictured), in a statement. “We believe Sky Vision will provide strong commercial partnership, and Avanti is a complementary fit in our growing production portfolio as a network and nations and regions supplier.”

 

 

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