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Industrial Media, LLC (formerly CKX, Inc., and CORE Media Group, Inc.) is an American company founded on February 7, 2005 that owns and develops entertainment content and
intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, cop ...
.


History


Sports Entertainment Enterprises, Inc. era

Before its founding in 2005, and during a period from 1986 to August 2002, the company operated a franchise of golf equipment, formerly known as Sports Entertainment Enterprises. In August 2002 the company sold all of its former assets. From September 2002 to February 2005, the company's main priority was to pursue a transaction with a business enterprise. On March 25, 2005, Sports Entertainment Enterprises, Inc. d/b/a CKX, Inc.'s shareholders voted overwhelmingly to change the company's name to CKX, Inc., to change the company's state of incorporation from Colorado to Delaware, and to increase the number of the company's authorized shares of capital stock from 105,000,000 to 275,000,000. The company's common stock would continue to trade under the stock symbol CKXE.


CKx, Inc. era

In 2005, it bought British company
19 Entertainment 19 Entertainment is a producer of entertainment properties for television with a focus on music. Founded by Simon Fuller in London in 1985, the company co-produced ''Pop Idol'' in the United Kingdom with Thames Television in 2001. The ''Idol serie ...
from
Simon Fuller Simon Fuller (born 17 May 1960) is a British entrepreneur, artist manager, and film and television producer renowned for nurturing and inspiring world class entertainment talent. He is the creator of the ''Idols'' TV format, including the UK s ...
, who subsequently joined the company's board. With the purchase, the company acquired a majority share of the rights to the
Idol series ''Idol'' (also known as ''SuperStar'' in some countries) is a reality television singing competition format created by British television producer Simon Fuller and developed by Fremantle. The format began in 2001 with the British television se ...
, including ''
American Idol ''American Idol'' is an American singing competition television series created by Simon Fuller, produced by Fremantle North America and 19 Entertainment, and distributed by Fremantle North America. It aired on Fox from June 11, 2002, to Ap ...
'' and ''
So You Think You Can Dance ''So You Think You Can Dance'' is a franchise of reality television shows in which contestants compete in dance. The first series of the franchise, created by '' Idols'' producers Simon Fuller and Nigel Lythgoe, premiered in July 2005 and has ...
'', as well as ''
Pop Idol ''Pop Idol'' is a British music competition television series created by Simon Fuller which ran on ITV from 2001 to 2003. The aim of the show was to decide the best new young pop singer (or "pop idol") in the UK based on viewer voting and par ...
'' in Great Britain and numerous other international versions. Later that year it bought an entertainment agency, with artists on its roster such as
Robin Williams Robin McLaurin Williams (July 21, 1951August 11, 2014) was an American actor and comedian. Known for his improvisational skills and the wide variety of characters he created on the spur of the moment and portrayed on film, in dramas and come ...
,
Billy Crystal William Edward Crystal (born March 14, 1948)On page 17 of his book ''700 Sundays'', Crystal displays his birth announcement, which gives his first two names as "William Edward", not "William Jacob" is an American actor, comedian, and filmmaker. ...
, and
Woody Allen Heywood "Woody" Allen (born Allan Stewart Konigsberg; November 30, 1935) is an American film director, writer, actor, and comedian whose career spans more than six decades and multiple Academy Award-winning films. He began his career writing ...
. On February 7, 2005, the company bought 85% interest in the entities which own and/or control the commercial utilization of the name, image, and likeness of
Elvis Presley Elvis Aaron Presley (January 8, 1935 – August 16, 1977), or simply Elvis, was an American singer and actor. Dubbed the "Honorific nicknames in popular music, King of Rock and Roll", he is regarded as Cultural impact of Elvis Presley, one ...
, the operation of the
Graceland Graceland is a mansion on a estate in Memphis, Tennessee, United States, which was once owned by rock and roll icon Elvis Presley. His daughter, Lisa Marie Presley, inherited Graceland after his death in 1977. Graceland is located at 3764 Elv ...
museum and related attractions, as well as revenue derived from Elvis Presley's television specials, films, and certain of his recorded musical works, from the trust of
Lisa Marie Presley Lisa Marie Presley (born February 1, 1968) is an American singer-songwriter. She is the only child of singer and actor Elvis Presley and actress Priscilla Presley, as well as the sole heir to her father's estate. Presley has developed a career ...
. On April 11, 2006, CKX, Inc. announced it has acquired an 80% interest in the name and likeness of Muhammad Ali. The transaction included the rights to the name, image, and likeness of Mr. Ali, certain trademarks owned by Mr. Ali and his affiliates, and the rights to all existing Ali license agreements. Mr. Ali, through affiliates, would retain a 20% interest in the business, which will be operated through a newly formed company named G.O.A.T. LLC. On March 7, 2007, CKX, Inc. announced its subsidiary, Muhammad Ali Enterprises LLC, acquired approximately 11,000 photographs of boxer
Muhammad Ali Muhammad Ali (; born Cassius Marcellus Clay Jr.; January 17, 1942 – June 3, 2016) was an American professional boxer and activist. Nicknamed "The Greatest", he is regarded as one of the most significant sports figures of the 20th century, a ...
from photographer
Ken Regan Ken Regan (June 15, c. 1940s – November 25, 2012) was an American photojournalist from the Bronx, New York City whose reputation for discretion allowed him close connections with subjects including many musicians, politicians and celebrities. H ...
. The images would be immediately available for licensing and editorial purposes. On June 1, 2007, CKX, Inc. announced it entered into a series of transactions that would result in the sale of the Company at a price of $13.75 per share in cash and the distribution to CKX stockholders of shares in FX Luxury Realty, LLC, an affiliate of Robert F.X. Sillerman. The total value for the
takeover bid In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to ...
between Fuller and Sillerman would value the company at $1.3bn, but their attempt failed due to its timing coinciding with the start of the Global Credit Crunch. On May 7, 2010, CKX, Inc. announced Robert F.X. Sillerman had resigned as Chairman and Chief Executive Officer of the company and from the company's board, effective immediately. Still holding 21% of the shares, he began working with One Equity Partners on a $550m-$560m takeover bid. In May, Fuller teamed up with former
Barclays Capital Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
executive Roger Jenkins, creating a $1Bn fund. They propose as their first purchase CKX, at a bid level of $600m. On the current share price, CKX is valued at $395m, with $101m of debt and $55m of cash at the end of first quarter 2010. However, in 2010-10-27, CKx, Inc. announced it was no longer discussing a potential sale of the company or of a controlling stake in the company. On May 10, 2011, CKX, Inc. it has entered into a definitive merger agreement to be acquired by an affiliate of
Apollo Global Management Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, ...
("Apollo"). The company was to be sold in $5.50 per Common Share, for total $560 million. In 2011-06-16, CKX Entertainment Offeror, LLC (f/k/a Colonel Offeror Sub, LLC) ("Offeror") and CKX, Inc. ("CKX") announced the successful completion of the acquisition offer of approximately 50,819,769 Common Shares, with offering period set to expire at 5:00 p.m., New York City time, on 2011-06-20. In 2011-06-21, Offeror and CKX announced the successful completion of the tender offer by Offeror. On June 21, 2011, CKX Entertainment, Inc. and CKX, Inc. announced the successful completion of parent's acquisition of CKX, with parent being an acquisition entity controlled by investment funds managed by affiliates of Apollo Global Management, LLC.


CORE Media Group, Inc. era

On May 31, 2012, CORE Media Group, Inc. announced its own launch in the same day, a newly branded version of the company formerly known as CKx. On November 19, 2013, it was announced that CORE Media Group had sold its stake in Elvis Presley Enterprises and Muhammad Ali Enterprises. On May 15, 2014, Apollo and
21st Century Fox Twenty-First Century Fox, Inc., doing business as 21st Century Fox (21CF), was an American multinational mass media corporation that was based in Midtown Manhattan, New York City. It was one of the two companies formed on June 28, 2013, f ...
announced a joint venture to combine 21st Century Fox's
Shine Group Shine Group was an international television production and distribution group with 26 production companies across 12 countries creating scripted and non-scripted content in the global marketplace. Shine Group companies included award-winning ge ...
and Apollo's Endemol and CORE Media Group.21st Century Fox & Apollo In Joint Venture Talks For Shine, Endemol And CORE Media
Nancy Tartaglione. Deadline.com, Retrieved on May 18, 2014.
As a result of bankruptcy in 2016, CORE transferred assets to a new corporation, NEG Holdings LLC, which does business as CORE Media Group. As CORE Media Group, they created the game-show Caraoke Showdown, along with Alevy Productions. The series aired in 2017 on Spike and was hosted by comedian and actor Craig Robinson. CORE recently created the wildlife animal rescue series Vet Gone Wild for Animal Planet, which began airing June 10, 2018. The show features veterinarian Dr. Chris Brown, well known for his Australian Vet Series Bondi Vet. On August 6, 2018, CORE Media Group announced the acquisition of
The Intellectual Property Corporation The Intellectual Property Corporation (IPC) is a production company based in Van Nuys, California. IPC was founded in 2016 by producers Eli Holzman and Aaron Saidman, and funded via private equity from three investors and former collaborators Sh ...
, with immediate relaunching of the company as Industrial Media.
Eli Holzman Eli Holzman (born March 30, 1974) is an American creator–developer, writer, producer and television executive known for creating or serving as executive producer on a number of reality-based television series and documentaries, such as ''Pr ...
of The Intellectual Property Corporation would become IM's new CEO, while IPC's president and co-founder
Aaron Saidman Aaron Saidman (born December 11, 1974) is an American creator-developer, documentary filmmaker and television producer known for creating or serving as an executive producer on a number of non-fiction television series and documentary feature fi ...
would become IM's president while also remaining in his current capacity as president of IPC, CORE's executive chairman Dennis Miller would become Industrial Media's chairman.


Industrial Media era

In March 2019, Industrial Media announced an overall deal with nonfiction production company Momentum Content. In March 2022,
Sony Pictures Television Sony Pictures Television Inc. (abbreviated as SPT) is an American television production and distribution studio. Based at the Sony Pictures Studios complex in Culver City, it is a division of Sony Entertainment's unit Sony Pictures Entertainm ...
announced that it had agreed to acquire Industrial Media for $350 million. Once the acquisition is finalized, the company's trade name would be referred to as Sony Pictures Television - Nonfiction.


Assets and holdings

Industrial Media's assets and holdings at present included: *
19 Entertainment 19 Entertainment is a producer of entertainment properties for television with a focus on music. Founded by Simon Fuller in London in 1985, the company co-produced ''Pop Idol'' in the United Kingdom with Thames Television in 2001. The ''Idol serie ...
– acquired from
Simon Fuller Simon Fuller (born 17 May 1960) is a British entrepreneur, artist manager, and film and television producer renowned for nurturing and inspiring world class entertainment talent. He is the creator of the ''Idols'' TV format, including the UK s ...
in 2005 for $200 million. 19 owns, among other things, a share of the rights to the
Idol series ''Idol'' (also known as ''SuperStar'' in some countries) is a reality television singing competition format created by British television producer Simon Fuller and developed by Fremantle. The format began in 2001 with the British television se ...
, including ''
Pop Idol ''Pop Idol'' is a British music competition television series created by Simon Fuller which ran on ITV from 2001 to 2003. The aim of the show was to decide the best new young pop singer (or "pop idol") in the UK based on viewer voting and par ...
'' in the United Kingdom, ''
American Idol ''American Idol'' is an American singing competition television series created by Simon Fuller, produced by Fremantle North America and 19 Entertainment, and distributed by Fremantle North America. It aired on Fox from June 11, 2002, to Ap ...
'' in the United States, and numerous other international versions, and ''
So You Think You Can Dance ''So You Think You Can Dance'' is a franchise of reality television shows in which contestants compete in dance. The first series of the franchise, created by '' Idols'' producers Simon Fuller and Nigel Lythgoe, premiered in July 2005 and has ...
'' in the United States. *
Sharp Entertainment Sharp Entertainment is a television production company based in Manhattan, New York. Founded by Matt Sharp in 2003, they have produced thousands of hours of programing in reality television. They produce TLC's top rated television franchise, ''90 ...
– acquired 2012 *B17 Entertainment – acquired 2013 *
The Wall ''The Wall'' is the eleventh studio album by the English progressive rock band Pink Floyd, released on 30 November 1979 by Harvest/EMI and Columbia/CBS Records. It is a rock opera that explores Pink, a jaded rock star whose eventual self-imp ...
– game show airing on NBC since 2017 *
The Intellectual Property Corporation The Intellectual Property Corporation (IPC) is a production company based in Van Nuys, California. IPC was founded in 2016 by producers Eli Holzman and Aaron Saidman, and funded via private equity from three investors and former collaborators Sh ...
– acquired 2018


Marketing


CKX

The "C" and "K" in "CKX" stood for "Content is King", representing the focus of the company's business strategy to acquire established content, and then to improve, enhance and develop the marketing of such content. The "X" takes an initial of founder
Robert F.X. Sillerman Robert Francis Xavier Sillerman (April 12, 1948 – November 24, 2019) was an American businessman and media entrepreneur. Sillerman was the owner of a range of television and radio stations during the 1970s and 1980s, In 1993 he formed SFX Broa ...
, and is a trademark of many Sillerman companies, such as "SFX Entertainment" and "FXM Asset Management"


References


External links


CKx, Inc. pageCORE Media Group pageIndustrial Media page
Entertainment companies established in 2005 Entertainment companies based in New York City Television production companies of the United States Multinational joint-venture companies Privately held companies based in New York City Companies that filed for Chapter 11 bankruptcy in 2016 Companies based in Manhattan American companies established in 2005 2005 establishments in New York City Announced mergers and acquisitions