CORE Media Group Acquires Stake In Rhett Bachner & Brien Meagher’s Prod. Company

EXCLUSIVE: CORE Media Group, which co-produces American Idol, is expanding its unscripted portfolio by acquiring an ownership stake in Rhett Bachner and Brien Meagher’s B17 Entertainment. Under the agreement, signed in a competitive situation with multiple suitors pursuing Bachner and Meagher, CORE will join forces with the duo to develop and produce non-fiction programming and explore multi-platform content opportunities, including mobile games and web-based series. “B17 is a forward thinking production company and teaming up with them fits perfectly into CORE’s overall mission of  producing and owning great content for all platforms,” said CORE president Marc Graboff, while the company’s head of U.S. Television Jen O’Connell called B17 “part of the next generation of great prod companies.””They’re prolific, and they have such great ideas that are inventive and fresh,” she said. At CORE, Bachner and Meagher join unscripted producer Rob Lee, who signed a deal there a year ago, Matt Sharp, whose company CORE acquired last summer, as well as Sean Hayes and Todd Milliner, whose Hazy Mills Prods. has a deal with CORE for scripted, unscripted and digital projects that fall outside of their deal at NBC. Additionally, CORE recently launched a scripted venture with Noreen Halpern and has Simon Shaps building its international base. (more…)

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