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Sphere Media To Buy ‘Leaving Neverland’ Seller Abacus Media Rights For $18.6M
Canada's Sphere Media has acquired Abacus Media Rights, the UK-based distributor that sells Leaving Neverland and Scrublands.
“As we move to the next stage in our development, we are delighted to be joining the Sphere Media Group, where, once the deal is closed, we will operate as the international distribution arm alongside their standout production business. “Our sales and acquisitions teams are looking forward to continuing our strong partnerships with worldwide independent production companies, investing in and setting up financing, as well as selling and pre-selling content into the global market.” Amcomri Entertaiment CEO Robert Price said that the sale would “bring more scale and power to Abacus’s existing growth plans, creating a dynamic new force on the international stage.”
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