- published: 06 Sep 2014
- views: 2391
Saban Capital Group, Inc. is a private investment firm based in Los Angeles, California focused on media, entertainment, and communications investments. Formed in 2001 by Haim Saban, Saban Capital Group owns Saban Brands, part of Univision Communications, and part of Celestial Tiger Entertainment.
Saban Music Group was formed in 1983 by music and television producers Haim Saban and Shuki Levy as "Saban Records", a U.S. subsidiary of "Saban International Paris" (now SIP Animation). In 1986, Warner Communications acquired Saban Records first catalog of music for about $6 million. On October 4, 2010, Bug Music acquired the worldwide rights to Saban Music Group’s complete music catalog of theme songs, cues and scores from more than 90 television series and 100 made-for-television films and specials.
In October 2006, SCG's Saban Entertainment Group division announced the beginning of its virtual studio program for starting up and developing family entertainment. In March 2007, Univision Communications was sold to Broadcasting Media Partners which includes Saban Capital Group, Madison Dearborn Partners, Providence Equity Partners, TPG Capital, and Thomas H. Lee Partners. On October 17, 2011, Saban Capital Group acquired 7.5% stake in Jakarta-based Indonesian largest integrated media company, Media Nusantara Citra. In July 2012, Saban Capital Group acquired minority stake in PT MNC Sky Vision Tbk, the largest pay-TV operator in Indonesia which owns Indovision and Top TV. In June 2012, Kidsco Media Ventures LLC, a SCG affiliate, jointly with Konami's 4K Acquisition Corp. purchased some of the key assets of 4Kids Entertainment with Kidsco getting the Dragon Ball Z Kai, Cubix, Sonic X and The CW Network's Saturday Morning programming block contract rights. In August 2012, Saban Capital Group launched a new music publishing division called "Music Ventures".