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Asylum Entertainment Acquires Texas Crew Productions – Deadline

Asylum Entertainment Acquires Texas Crew Productions – Deadline

EXCLUSIVE: Steve Michaels’ Asylum Entertainment is expanding its portfolio.

The production group acquired Texas Crew Productions, the Austin-based producer behind the recent Travel Channel reboot of From ripley, believe it or not! and oxygen Killer relationship with Faith Jenkins.

Financial terms were not disclosed.

It’s the latest deal for Michaels’ company, which bought back from Legendary in 2018 and restored the brand in 2019, following its acquisition of Collins Avenue from Kew Media in 2020.

David Karabinas and Steve Michaels

The Texas Crew will sit under the Asylum Entertainment banner alongside unscripted producer The Content Group, scripted division Asylum TV, and audio company Audity.

Other Texas Crew productions include History’s The 44th President: In His Own Words and ESPN 30 for 30 documents Brian and the Boz Y Phi Slama Jama.

The acquisition is designed to “supercharge” Texas Crew’s development slate.

Executives from Texas Crew, including CEO David Karabinas, Creative Director and Production Director Brad Bernstein, President and Executive Producer Chip Rives and Director of Development Rick Cikowski will work alongside AEG CEO Michaels, as well as with Jodi Flynn, president of The Content Group.

“Aligning and collaborating under the immense umbrella of Asylum Entertainment Group gives us the bandwidth to be even more rigorous, innovative and forward-thinking with our projects than ever before,” said Karabinas. “Steve and Jodi and their entire creative team share our DNA. We have the same vision and goals and we value hard work and the creative process.”

“As we continue to expand our global footprint through acquisitions and joint ventures, we look for companies whose profiles match our mission and business culture,” said Michaels. “David and the team at Texas Crew are highly respected executives and creatives who have done exceptional work over the past decade.”

“The Texas Crew team has done an amazing job building trusted relationships with buyers and long-standing premium content, all outside of major entertainment venues. We are excited to provide them with additional bandwidth, so they can focus on creating even more content and scaling their whiteboard,” added Flynn.

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