Saban Capital Group
Saban Capital Group LLC is an American investment firm based in Los Angeles, California focused on media, entertainment, and communications investments. Formed in 2001 by Haim Saban, Saban Capital Group owns Saban Films,[1][2] and co-owns Celestial Tiger Entertainment.[3][4]
"Saban Entertainment Group" redirects here. For the former television production company that could be considered a predecessor, see Saban Entertainment.Company type
- Private equity
- Entertainment
- Media
- Merchandising
- Communications
2001
Worldwide
Haim Saban (Chairman, CEO)
Adam Chesnoff (President/COO)
Saban Brands
Saban Films
Saban Music Group
- Saban Real Estate LLC.
- Broadcasting Media Partners, Inc. (20%)
- Celestial Tiger Entertainment (JV)
History[edit]
In October 2006, SCG's Saban Entertainment Group division announced the beginning of its virtual studio program for starting up and developing family entertainment.[5] 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.[6] On October 17, 2011, Saban Capital Group acquired 7.5% stake in Jakarta-based Indonesian largest integrated media company, Media Nusantara Citra.[7][8][9] 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.[10] 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.[11] In August 2012, Saban Capital Group launched a new music publishing division called "Music Ventures".[12]
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.[13] 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.[14] Saban ended up terminating its deal to acquire Panavision on March 1, 2019.[15]
Company type
May 12, 2010
July 2, 2018
Split up, assets sold off
Worldwide
9
Saban Capital Group
Saban Brands Lifestyle Group
Saban Brands Entertainment Group
May 6, 2014
Worldwide
Bill Bromiley (president)
Saban Capital Group
SCG Films
Political activities[edit]
The Saban Group is a top contributor to the Democratic Party. It has donated to former President Barack Obama's campaign[49] and was one of the top donors of the Clinton Campaign of 2016 with a contribution of approximately 12 million dollars.[50]
