Lionsgate announced Wednesday that it has acquired a majority of the talent management and production company 3 Arts Entertainment.
The transaction, which is effective immediately, “creates a uniquely competitive platform combining a global distribution infrastructure, deep production expertise and prolific talent relationships,” according to a statement released by the Santa Monica-based studio and 3 Arts.
The financial terms of the deal were not divulged.
3 Arts, which will continue to operate under the leadership of its partners with an operating board, is a global entertainment company and content provider with a client roster of directors, producers, actors, writers and comedians under the leadership of partners Erwin Stoff, Howard Klein, Michael Rotenberg, Molly Madden, Dave Becky, David Miner and Nick Frenkel, according to the statement.
Its television production slate of series includes “It’s Always Sunny in Philadelphia,” “Man With A Plan,” “30 Rock,” “King of the Hill,” “The Office,” “Parks and Recreation,” “Marlon,” “Brooklyn Nine Nine,” “The Mindy Project,” “Champions,” “Master of None,” “Unbreakable Kimmy Schmidt,” “Insecure,” “American Vandal” and “Silicon Valley.” 3 Arts has also produced such films such as “The Edge of Tomorrow,” “Unbroken,” “Constantine,” “Devil’s Advocate,” “I Am Legend,” “13 Hours,” “Office Space” and “The Matrix.”