Greenberg Glusker Advises Gravitas Ventures on $73 Million Sale to Anthem Sports & Entertainment
November 22, 2021 – Press ReleaseGreenberg Glusker served as legal counsel to the indie film and documentary distributor Gravitas Ventures on its sale to prominent Canadian media company Anthem Sports & Entertainment. Advising Gravitas on the sale was lead attorney and Entertainment Partner Sky Moore.
The $73 million deal gives Anthem more than 8,000 hours of sports and entertainment content to add to its growing library and will enable Gravitas to focus on investing in new content and channels as well as entering the television distribution market. As part of the deal, the Gravitas team of founder and CEO Nolan Gallagher, president Michael Murphy, EVP and general counsel Brendan Gallagher and CFO Brian Kenyon will join the Anthem executive team, and the Gravitas organization will remain intact.
Read additional coverage of the deal in The Wrap.