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Pantheon Media Group Explores Sale Options
27 Feb
Summary
- Pantheon Media Group is considering outside investment.
- The company has hired The Raine Group for strategic options.
- Pantheon comprises several production entities like Done+Dusted.
Pantheon Media Group, founded by Steve Michaels and previously backed by Endeavor since 2023, is currently evaluating options for outside investment. To guide this process, the company has retained the services of The Raine Group, a merchant bank.
The production group, which includes entities such as Done+Dusted and Texas Crew Productions, has intensified its output over the past year. Done+Dusted, for instance, has been involved with Netflix's BTS special and an upcoming Hulu comedy special.
Texas Crew Productions, based in Austin, has produced notable Netflix and Peacock series. Asylum Entertainment, another part of the group, is behind HGTV renewals and other productions. Pantheon also operates joint ventures and has a substantial UK presence through subsidiaries like Soho Studios and backing for Moon&Back Media.
In 2023, Pantheon established a non-scripted content division and invested in Velvet Hammer Media. Pantheon Media Group, originally Asylum Entertainment Group formed in 2003, underwent several ownership changes before Michaels bought it back in 2018 and rebranded it in December 2024, with Jennifer O'Connell assuming the CEO role.
