Gravity Media Group further expands into North America with Proshow Broadcast acquisition

Gravity Media Group further expands into North America with Proshow Broadcast acquisition posted: 03/07/2018

Deal creates premier provider of Remi/At-Home production services in North America

Gravity Media Group, a global provider of complex live event production services and solutions as well as mobile broadcast facilities, has acquired Proshow Broadcast, a supplier of mobile production solutions to broadcasters, producers and rights holders throughout the USA and Canada.

Proshow Broadcast will continue to operate under its existing name and branding until it is integrated with Gravity Media's Gearhouse Broadcast USA operations. Tim Lewis, who founded Proshow Broadcast in 2012, will join the Gearhouse Broadcast USA team in a senior role leading the product R&D effort.

Proshow Broadcast operates seven HD production trucks that provide complete, field productions or REMI (REMote Integration) centralized productions. These medium and small sized units cover a wide range of events including sports, entertainment, news, and corporate functions across the US. The Proshow units will complement Gearhouse Broadcast USA's current fleet of high-end mobile production units, which includes Columbus, Skye and Iona. The combined fleet will be based out of Gearhouse Broadcast USA's facilities in Charlotte, NC and Los Angeles, CA.

This is the fourth acquisition that Gravity Media has made since securing substantial investment from TowerBrook Capital Partners in September 2016. Last year it took over leading sports production company Input Media, to enable the business to offer end-to-end solutions including high-end production and technical facilities, and Australian communications solutions company Stranger Designs to expand its event communications offering. Then in March 2018 it bought Genesis Broadcast Services and immediately rebranded it as Gearhouse Broadcast Germany to serve the production markets of Northern Europe.

Tim Lewis, CEO of Proshow Broadcast

Discussing the announcement, John Newton, CEO of Gravity Media, said: Proshow Broadcast has achieved significant growth since it started in 2012, has an impressive customer base and is respected for the quality of service it delivers. We see it as a natural fit within our business in the region and look forward to working with Tim and the rest of the team to continue to grow Gearhouse Broadcast USA.

Michael Harabin, president of Gearhouse Broadcast USA added: We understand the need for more effective and cost efficient remote productions and this acquisition further strengthens Gearhouse Broadcast USA's ability to deliver solutions in this area. I've worked with Proshow Broadcast in the past and was always impressed by the level of technological innovation and quality of service that Tim and his impressive team regularly delivered. This acquisition firmly establishes Gearhouse Broadcast as a leader providing technologically advanced mobile units and cost efficient production workflows in North America.

Tim Lewis, CEO of Proshow Broadcast, said: Joining Gravity Media is a proud moment for myself and the rest of our fantastic team and highlights how quickly and successfully we have built up our business. Proshow Broadcast's visionary approach to developing solutions for our customers provides a strong foundation to further develop our products and services with the worldwide reach and presence of Gravity Media. We are delighted to be joining Michael and his team working towards high-end yet cost efficient production models and workflows. Now is the right time to become part of something bigger with added flexibility, resources and services on offer to further benefit our loyal customers. We're very excited about the future.

Recent projects for Proshow Broadcast include providing mobile facilities at The Oscars, SAG Awards, Latin Grammys, Canada Sevens Rugby, MLB Baseball, and over 350 events annually for PAC-12 Networks and 100 events annually for ESPN. Proshow Audiovisual will not be included in the transaction and will remain with its current owners.

About Proshow Broadcast

Proshow Broadcast is an innovative team of people who proudly deliver industry leading quality to broadcasters and producers throughout the USA and Canada.

Its fleet of seven HD production trucks are well suited to cover a wide range of applications including Sports, Entertainment, Corporate Events, News, and more. In addition to providing traditional production trucks, Proshow also specializes in designing and providing purpose-built mobile facilities for the growing At Home production methodology. For these events, it provides the required facilities and expertise at the event venue to allow clients to produce the shows from control rooms in their existing facilities.

About Gravity Media Group

Gravity Media Group is a leading global provider of complex live broadcast facilities and production services operating across three core brands - Gearhouse Broadcast, Hyperactive Broadcast and Input Media. It has offices in the UK, France, Australia, USA, Germany and Qatar.

Gearhouse Broadcast is a market leader in broadcast services and specialises in broadcast equipment rental, project solutions and systems integration. It offers huge experience and a proven track record in delivering major sporting and entertainment events.

Hyperactive Broadcast is a leading provider of dry hire cutting rooms, visual effects tools and production space for feature films and TV dramas. With a background in integrated Avid and EVS workflows, its engineers are trusted by the best names in the industry.

Input Media is one of Europe's premier sports production companies, with blue-chip clients around the world. It employs a talented team of producers, directors and editors dedicated to producing creative and engaging programming and digital

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