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Gravity Media Sells Its U.S. Mobile Production Assets
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Radio & Television Business Report
Gravity Media‘s United States mobile production assets have been sold.
This sees Live Media Group add eight mobile production units—including three premium production trucks with existing major broadcast contracts—to its nationwide fleet.
The transaction also includes the addition of engineering and technical staff and the creation of a strategic partnership that will allow the companies to collaborate on projects requiring both mobile production facilities and services.
Beyond expanding its mobile production fleet, the acquisition also provides Live Media Group’s operating companies (including TNDV Television, Live Media and GameTime Productions) with access to additional specialty cameras, production equipment, production services and engineering resources that can be deployed across a broader range of projects.
Said Live Media President Michael Sullivan, the additional fleet also arrives at a critical time for Live Media Group’s operations.