Sky has taken its share in the Cardiff-based production company Avanti to 51%.
The broadcaster established a distribution agreement with Avanti in 2016 and last year bought a minority stake.
“We have been working with Avanti for two years now, so the acquisition of a majority stake is a natural extension of our joint growth strategy,” said Sky Vision managing director Jane Millichip. “Emyr Afan and Mair Davies have built an exciting production business with a strong mix of event-based entertainment through to current affairs and documentary.”
Recent commissions have included the Mobo Awards on Channel 5; the BBC’s Songs of Praise; and BBC Wales’ current affairs series The Hour.
Emyr Afan, Co-Founder and CCO Avanti Media, said: “Avanti is delighted to join the Sky Vision family of stellar production companies. We applaud Sky’s vote of confidence in our potential, as well as its investment and commitment to Wales ensuring that talent in every part of the UK is seen and heard. This deal provides Avanti with the platform to fulfil our long term creative and commercial ambitions, both nationally and internationally. It’s a game changer for us.”
Sky Vision also has equity investments in Love Productions, Blast! Films, Sugar Films, True North, Chrysalis Vision, Jupiter Entertainment, Talos Films and Znak & Co.
