Source: https://www.gacmedia.com/2023/06/15/great-american-media-completes-merger-with-pure-flix/
GREAT AMERICAN MEDIA COMPLETES MERGER WITH PURE FLIX
Transformational Deal Positions Company as Leaders in Family and Faith-Based Entertainment
New York, NY – June 15, 2023 – Great American Media and Sony Pictures Television’s Pure Flix have completed the previously announced merger to combine the two companies. The successful merger joins Great American Media’s family-friendly linear and FAST (free ad-supporting streaming TV) channels with the Pure Flix faith and family SVOD (subscription video on demand) service into a consolidated entity.
Great American Media retains a majority interest in the merged company and oversees day-to-day management of the independent organization under the leadership of Bill Abbott, who serves as CEO and reports to the company’s board of directors. Great American Media will build on the combined portfolio’s multi-faceted family and faith media brands and diversified content distribution capabilities to reach larger and broader audiences on each platform.
“The merger marks a significant milestone for our company, our employees, our business partners and our fans as we take an important step in our mission to become the leader in trusted, faith and family entertainment for a large and under-served market,” said Abbott. “We are extremely excited that Sony Pictures has chosen to partner with us, and we look forward to combining these two dynamic organizations to accelerate Great American Media’s growth strategy.”
Pure Flix is a leading streaming service in providing faith and family-friendly movies and series, while Great American Media’s flagship network Great American Family is currently in approximately 50M homes and recently celebrated seven consecutive months as TV’s fastest-growing network.
Terms of the deal were not disclosed.
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ABOUT GREAT AMERICAN MEDIA
Great American Media is home to a family-friendly portfolio of brands including Great American Family, Pure Flix and Great American Living. As the flagship linear TV network, Great American Family features original Christmas movies, rom-coms and classic series that celebrate faith, family and country. Pure Flix is a leading faith and family streaming service that inspires, uplifts and entertains with content that you can confidently stream with the entire family. Great American Living features lifestyle programming that celebrates family-friendly traditions every day and every season. Great American Media is also home to FAST (free ad-supporting streaming TV) channel Great American Adventures, which offers scripted and unscripted content highlighting themes including cooking and DIY, and Great American Community, a free direct-to-consumer streaming app featuring short-form original series hosted by well-known lifestyle experts. Great American Media was established in June 2021 by Bill Abbott and a group of US-based family offices.
ABOUT PURE FLIX
Pure Flix is your home for faith and family-friendly movies and shows where you can confidently stream with the entire family. With new premium and exclusive original entertainment choices every week, you can strengthen your faith and family with Pure Flix – a streaming service that inspires, uplifts and entertains. You’ll get access to the largest variety of high-quality wholesome movies, series and kids’ content at one low price. Experience the difference that positive, encouraging entertainment can have in your home. Pure Flix is a wholly-owned subsidiary of Sony Pictures Entertainment.
ABOUT SONY PICTURES TELEVISION
Sony Pictures Television (SPT) is one of the television industry’s leading content providers, producing, distributing and carrying programming worldwide in every genre and for every platform. In addition to managing one of the industry’s largest libraries of award-winning feature films, television shows and formats, SPT is home to a thriving global content business, operating a robust portfolio of wholly-owned and joint-venture production companies across the U.S., Europe, Latin America, and Asia Pacific, as well as linear and digital channels around the world. SPT is a Sony Pictures Entertainment company, a subsidiary of Tokyo-based Sony Group Corporation.
Contacts:
Great American Media:
Mead Rust
469-663-7717
Sony Pictures Television:
Stacy Weitz
Corporate Communications