Independent content studio Critical Content, launched after Relativity’s TV operation emerged from bankruptcy one year ago, has announced the formation of the company’s board of directors.
They include Frank Biondi, former Chairman and CEO of Universal Studios; Chad Gutstein, CEO of Machinima; Mark Itkin, former Co-Head of Television and a member of the Board of Directors at William Morris Endeavor; John Sykes, President of iHeartMedia Entertainment Enterprises; Lauren Zalaznick, former NBC Universal Executive Vice President and Tom Forman, CEO of Critical Content. Al Aguirre, an experienced board member of both public and private companies, will chair the board.
The new board will work closely with Critical’s senior executive team – CEO Tom Forman, President Andrew Marcus and CFO Christoph Pachler – as they transform the independent company into a full-fledged international studio.
“I’m thrilled with the make up of our board of directors, which is comprised of some of the brightest minds and most respected names in the media business,” Forman said. “They agreed to join us at Critical, I believe, because they see what we see: a well-financed, fully independent entrepreneurial content company that’s focused on growth. We’re lucky to have them.”
Critical Content, which focuses on unscripted and scripted programming for broadcast, cable and digital platforms, currently has more than 60 projects in production. Series include Home Free (Fox), Catfish (MTV), StartUp (Crackle), The Woodsmen (History), Pretty. Strong. (Oxygen), Boonies (Nat Geo), The Great Food Truck Race (Food Network), Young and Hungry (Freeform), Tia Mowry at Home (Cooking Channel) and Car Matchmaker (Esquire).
“This is an important day for Critical Content, as all the pieces are in place for the Company to realize and execute on its ambitious growth objectives,” said, Kevin Ulrich, Chief Executive Officer of Anchorage Capital Group, Critical Content’s largest shareholder. “We could not be more pleased with the world class team in place and look forward to the Company’s next chapter.”
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