Gravitas Ventures Sold to Anthem Sports & Entertainment for $73M

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Gravitas Ventures Sold to Anthem Sports & Entertainment for $73M
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The Cleveland-based independent film distributor had been owned by ProSiebensat 1's Red Arrow Entertainment.

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The deal includes Gravitas’ 3,000 title catalogue, which Anthem says it hopes to exploit to bolster its linear and streaming offerings, and to help it forge relationships with other streaming platforms. The company also intends to launch free ad-supported streaming platforms built around Gravitas content.

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