Saban Capital Group

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 Entertainment Group

Libraries

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

Saban Brands

Main article: 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

Main article: Saban Films

On May 6, 2014, ahead of that year's Cannes Film Festival, Saban announced the launch of an acquisitions label named Saban Films to 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.

References

References

1. Barnes, Brooks. (May 5, 2010). "Haim Saban Goes Into Brand Management". [[The New York Times]].
2. (May 12, 2010). "Mogul Saban buys back Power Rangers from Disney". [[Google News]].
3. "Tiger Gate". Saban.
4. Szalai, Georg. (April 5, 2010). "Saban joins Lionsgate in running Tiger Gate". [[The Hollywood Reporter]].
5. Ball, Ryan. (October 4, 2006). "Saban Launches Virtual Studio". Animation Magazine.
6. (March 29, 2007). "Broadcasting Media Partners Completes Acquisition of Univision". Saban Capital Group.
7. (October 17, 2011). "MNC Lego 7.5% Sahamnya ke Saban Capital Rp1.000/Saham". Economy.okezone.com.
8. "Saban Capital buys 5 percent Of MNC's Stake".
9. "Media Nusantara Citra".
10. "MNC Sky Vision".
11. (June 26, 2012). "4Kids Sells Yu-Gi-Oh!, CW Network-Related Assets Jointly to Konami, Kidsco". [[Anime News Network]].
12. Christman, Ed. "Exclusive: David Renzer, Former UMPG Chairman/CEO, Named Saban Capital Group's Pres. Music Ventures". Billboard Biz.
13. McNary, Dave. [https://variety.com/2018/artisans/news/saban-panavision-sim-video-deal-1202942258/ Saban Capital Buys Panavision, Sim Video for $622 Million] Variety.com. September 14, 2018. Retrieved on January 16, 2019.
14. [https://www.panavision.com/saban-capital-acquisition-corp-enters-merger-agreement-panavision-and-sim "Saban Capital Acquisition Corp. Enters into a Merger Agreement with Panavision and Sim] Panavision.com. September 13, 2018. Retrieved on January 6, 2019.
15. (March 1, 2019). "Saban Capital Cancels Panavision Purchase". San Fernando Valley Business Journal.
16. "Cirque du Soleil Media | Saban Brands".
17. (December 12, 2014). "Saban Brands Expands with New Lifestyle & Entertainment Units". WSN INC..
18. Bond, Paul. (August 10, 2010). "Disney's Q3 boosted by TV operations profit; Power Rangers sale added $43 million to coffers". The Hollywood Reporter.
19. Littleton, Cynthia. (May 12, 2010). "Saban re-acquires rights to 'Rangers'". [[Variety (magazine).
20. Sorrentino, Mike. (February 15, 2018). "Power Rangers toy maker is moving on after 25 years". [[CNET]].
21. (May 1, 2018). "Hasbro buying Power Rangers, other brands in $522M deal". ABC News.
22. (May 2, 2018). "Saban Brands Sells Power Rangers to Hasbro for $522M". Los Angeles Business Journal.
23. (May 23, 2018). "Saban Brands Plans Layoffs Following Hasbro Acquisition". Los Angeles Business Journal.
24. Yamato, Jen. (May 6, 2014). "Cannes: Haim Saban Launches North American Distribution Co. Ahead Of Market". [[Penske Media Corporation]].
25. Spangler, Todd. (March 31, 2016). "Disney Invests in Viral-Content Startup Playbuzz as Part of $15 Million Round".
26. (July 26, 2012). "Mega-Donors Give Obama a Boost".
27. "Top Contributors, federal election data for Hillary Clinton, 2016 cycle".