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Tuesday, May 03, 2016

STX Entertainment's Non-Scripted Television Business Signs Production Agreements With Brant Pinvidic And Ryan Holcomb

STX Entertainment's Non-Scripted Television Business Signs Production Agreements With Brant Pinvidic And Ryan Holcomb

STX Ramps Up Non-Scripted Capabilities

Expands Strong Collection of Content Offerings Across Film, Television and Other Media

LOS ANGELES, May 3, 2016 /PRNewswire/ -- As STX Entertainment ramps up its newly launched non-scripted television business, the Company announced today that it has signed multi-year production deals with two leading alternative content companies with proven success in the non-scripted arena: Brant Pinvidic's INvelop Entertainment, and Ryan Holcomb's Tower 2 Productions. The announcement was made today by Jason Goldberg, President of Non-Scripted and Alternative Programming for STX Entertainment.

As announced last week, Goldberg and STX's non-scripted production team are creating original programming in the U.S., China and India. The global media company also produces and distributes 12-15 motion pictures a year in addition to other content for other platforms.

STX Non-Scripted has already sold and secured development deals for 12 shows to multiple networks in the U.S. and Asia, including NBC, CW, Food Network, Syfy, Oxygen, the History Channel and Freeform. In line with STX's focus on opportunities in Asia, STX is positioned to become the first U.S.-based entertainment company involved in a broadcast television show airing in China. "Thank You for Your Love," a celebrity and personality focused variety show developed in conjunction with XG Entertainment, is expected to premier to one billion viewers when it airs later in 2016.

"Brant is a creative force in the unscripted space and we're excited to be in business with the entire INvelop team," said Jason Goldberg. "Ryan Holcomb is a smart producer with an eye for IP that translates across multiple screens. Programming directly in the U.S. and Asia for linear and short form platforms is an important component of STX's larger business operation and we will continue to strategically identify and partner with the right production companies that can help us create compelling programming for the world market at the highest level."

"Announcing this continued expansion of STX Non-Scripted so soon after the launch of the division demonstrates our commitment to this arena," said Sophie Watts, President of STX Entertainment. "STX is determined to provide audiences with a variety of excellent content across film, scripted, unscripted and other media. Attracting talented partners like Brant and Ryan will help us build our content portfolio and please global audiences across a number of distribution channels."

Pinvidic launched INvelop Entertainment in January, 2016. It is a full-service multimedia production company focusing on unscripted television and feature length documentary films.

Prior to forming INvelop Entertainment, Pinvidic served as President and Chief Creative Officer for 3 Ball Entertainment, overseeing programming and the development slate. During his nearly six-year tenure there, he developed and sold more than three-dozen series. Pinvidic directed and starred in "Why I'm Not On Facebook," his first documentary film that is distributed in more than 50 countries and was a winner at the Manhattan Film Festival.

Ryan Holcomb and his Tower 2 Productions banner comes to STX Non-Scripted from Rogue Atlas Productions and Lionsgate TV, where he most recently served as Senior Vice President of Development, having spent the last five years developing and producing non-scripted programming.

About STX Entertainment

STX Entertainment is a fully integrated, diversified, global media company designed from inception to unlock value from the 21st century's changed media landscape. STX specializes in the development, production, marketing and distribution of talent-driven films, television, and digital media content, with a unique ability to maximize the impact of content across worldwide, multiplatform distribution channels, including unparalleled global capabilities and direct passage into the China market.

STX Entertainment is led by accomplished businessman Robert Simonds and was co-founded by Bill McGlashan, managing partner of the growth division of leading global private investment firm TPG, which has $70 billion of capital under management. The Company's Board of Directors includes prominent leaders in global finance and entertainment, including Frank Biondi, former President and CEO of Viacom, Inc. and former Chairman and CEO of Universal Studios; Tony Vinciquerra, former Chairman and CEO of Fox Networks Group; Gigi Pritzker, CEO of Madison Wells Media; David Bonderman, founding partner of TPG; and John Zhao, CEO of Hony Capital, among others.

In addition to TPG Growth, other investors include financial partner Hony Capital, a leading private equity firm in China, DNS Capital (representing the business interests of Gigi Pritzker and her immediate family), and Beau Wrigley, former Chairman and CEO of the Wm. Wrigley Jr. Company, among others.

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