F.Y.I.

NEP Australian acquires Silk Studios

NEP Australia has acquired Sydney’s Silk Studios.

The announcement:

NEP Australia (formerly Global Television) has acquired Sydney’s Silk Studios – enhancing NEP’s international portfolio of studio, outside broadcast, video display and host broadcast assets.

Silk’s TV production studios support leading Australian and international networks, with current productions including:

Live weekly Sky News programs: One on One with David Speers, Australian Agenda, Richo + Jones and The Nation
Live segments of The Morning Show (Seven Network)
Live segments of Mornings (Nine Network)

Silk Studios is also the production company behind Aerobics Oz Style and has hosted other productions including CBeebies Storytime for BBC Worldwide and Mind Over Maddie for Disney Channel.

Clients will continue to enjoy the comprehensive shoot/edit/post-production/playout service and competitive pricing for which Silk Studios is renowned, but will now have access to the additional support and expertise of NEP’s worldwide network.

Silk Studios Founder Harry Michaels said: “Silk Studios has always had the facilities and know-how to handle any type of TV production, and we pride ourselves on removing worry from the equation for clients. Joining the NEP Worldwide Network will take Silk Studios to the next level of service, giving all our clients an even greater level of expertise, expanded options and enhanced capabilities. Most importantly, they will have added certainty in a rapidly changing television industry. I am extremely proud of the Silk team’s achievements and excited about the company’s future as part of NEP.”

NEP Australia CEO Keith Andrews said: “Demand for premium TV studio space in Sydney is robust, and we are delighted to welcome Silk, further expanding the comprehensive set solutions we can offer our clients. Harry Michaels has made Silk Studios tremendously successful, and the studios will continue to run the same way that they always have, including all of the little touches that make them so special.”

NEP CEO Kevin Rabbitt added: “As NEP continues to expand worldwide, I am thrilled to build on our successful addition of Global Television earlier this year. Silk Studios is an excellent company and will make a great addition to our growing worldwide network.”

The studios will continue to trade under the Silk Studios name and operate separately to NEP’s main studios at Media City, Eveleigh.

NEP Australia’s Director of Sales, Andy Armstrong, will manage the studios on a day-to-day basis, with Harry Michaels acting as a consultant to ensure a seamless transition.

Source: Fearnace Media press release

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