Pantheon Media Group
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Pantheon Media Group
Pantheon Media Group LLC (formerly known as Asylum Entertainment Group LLC) is a production company that has produced Emmy Awards, Emmy and Peabody Awards, Peabody award winning productions. The company operates several labels around the globe and specializes in unscripted television, film, and content production. History Founded as Asylum Entertainment in 2003 by Steve Michaels, Legendary Entertainment purchased the company for $100 million in 2013. In 2018, Michaels bought the company back and re-launched it as The Content Group. In 2019, Michaels restored the Asylum Entertainment brand forming new parent company, Asylum Entertainment Group LLC. That year, the company partnered with veteran executive producer Lori Rothschild Ansaldi to launch Big City TV and also launched audio division Audity. In 2020, Asylum Entertainment Group acquired Dance Moms' producer Collins Avenue Entertainment from Kew Media and launched Breaklight Pictures with veteran producer Dan Johnstone. ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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