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MGM has acquired Big Fish Entertainment, the New York-based unscripted production banner that is home to A&E’s “Live PD,” VH1’s “Black Ink Crew,” and WeTV’s “Hustle and Soul,” among other shows.
Financial details of the sale were not disclosed. Big Fish will continue to operate under its own moniker and be led by president Dan Cesareo, who reports to MGM unscripted TV head Barry Poznick.
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The purchase brings another busy unscripted TV shop into the MGM tent. The Lion has been shopping for producers who are active in the cable reality market to complement the broadcast network strength delivered by MGM Television and Digital president Mark Burnett, who remains a hands-on producer of reality franchises such as “The Voice,” “Survivor,” and “Shark Tank.” MGM bought Burnett’s One Three Media banner in 2015 and 2016. Since then, it has also scooped up “Real Housewives” producer Evolution Media and Orion Television.
“Dan Cesareo is an innovator who has grown Big Fish into a dynamic company. We are going to have fun together,” Burnett said. Said Poznick: “Big Fish has created a wide-range of programming that is compelling, edgy, and must-watch. We are excited to put the full support of MGM Studios behind Dan and the team to make Big Fish even bigger.”
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