The Raine Group Backs Ben Silverman and Howard Owens’ Propagate Content

The Raine Group has bought into Propagate Content, the production and distribution firm run by Ben Silverman and Howard T. Owens. The technology-, media- and telecoms-focused bank has taken an unspecified “significant” stake in the business, and becomes a major Propagate backer alongside A+E Networks.

Propagate said it would use the investment to launch new ventures and make targeted acquisitions.

Former Nat Geo chief Owens founded Propagate and was subsequently joined by former Reveille colleague Silverman at the L.A.-based business. It makes shows including Apple’s first original, “Planet of the Apps,” and has a straight-to-series order for “Blood & Treasure” at CBS.

It also makes podcast-to-TV project “Lore and has licensed several other podcasts. It now plans to create a podcast network and a branded content studio.

“Over the past few years we have seen massive shifts in the media industry that have changed the way production companies have traditionally done business,” Silverman and Owens said in a joint statement.

They added: “The world of media and technology continues to evolve rapidly, and we want to have the capital and partners in place to help us grow even faster, allowing us to continue to deliver premium content to audiences around the world.”

The Raine Group has invested in Vice Media, Imagine Entertainment, and Matt Stone and Trey Parker’s Important Studios.

“We see the future of storytelling as global, and Howard and Ben have a great record of approaching the world that way, building and distributing multinational formats with great success,” said Raine co-founder Joe Ravitch. He joins the Propagate board alongside Raine’s entertainment practice head, Erik Hodge.

More TV

  • ROSEANNE - "Knee Deep" - Roseanne's

    Our Staff Picks: TV Shows to Watch the Week of May 21, 2018

    The Raine Group has bought into Propagate Content, the production and distribution firm run by Ben Silverman and Howard T. Owens. The technology-, media- and telecoms-focused bank has taken an unspecified “significant” stake in the business, and becomes a major Propagate backer alongside A+E Networks. Propagate said it would use the investment to launch new […]

  • The Middle finale

    How ‘The Middle’ Will Say Goodbye After Nine Seasons

    The Raine Group has bought into Propagate Content, the production and distribution firm run by Ben Silverman and Howard T. Owens. The technology-, media- and telecoms-focused bank has taken an unspecified “significant” stake in the business, and becomes a major Propagate backer alongside A+E Networks. Propagate said it would use the investment to launch new […]

  • Lena Waithe

    Lena Waithe to Receive 'Trailblazer' Honor at 2018 MTV Movie & TV Awards

    The Raine Group has bought into Propagate Content, the production and distribution firm run by Ben Silverman and Howard T. Owens. The technology-, media- and telecoms-focused bank has taken an unspecified “significant” stake in the business, and becomes a major Propagate backer alongside A+E Networks. Propagate said it would use the investment to launch new […]

  • UNBREAKABLE KIMMY SCHMIDT

    'Unbreakable Kimmy Schmidt' Season 4: Kimmy Gets a Job, Tackling #MeToo, and Jon Hamm's Return

    The Raine Group has bought into Propagate Content, the production and distribution firm run by Ben Silverman and Howard T. Owens. The technology-, media- and telecoms-focused bank has taken an unspecified “significant” stake in the business, and becomes a major Propagate backer alongside A+E Networks. Propagate said it would use the investment to launch new […]

  • GREY'S ANATOMY - "Break Down the

    'Grey's Anatomy' to Bring Back Kim Raver as Series Regular for Season 15

    The Raine Group has bought into Propagate Content, the production and distribution firm run by Ben Silverman and Howard T. Owens. The technology-, media- and telecoms-focused bank has taken an unspecified “significant” stake in the business, and becomes a major Propagate backer alongside A+E Networks. Propagate said it would use the investment to launch new […]

  • Barack Obama Michelle Obama

    Barack and Michelle Obama Sign Netflix Production Deal

    The Raine Group has bought into Propagate Content, the production and distribution firm run by Ben Silverman and Howard T. Owens. The technology-, media- and telecoms-focused bank has taken an unspecified “significant” stake in the business, and becomes a major Propagate backer alongside A+E Networks. Propagate said it would use the investment to launch new […]

  • WORLD OF DANCE -- Season: 2

    Jennifer Lopez Says 'World of Dance' is Going Younger and Bigger for Second Season

    The Raine Group has bought into Propagate Content, the production and distribution firm run by Ben Silverman and Howard T. Owens. The technology-, media- and telecoms-focused bank has taken an unspecified “significant” stake in the business, and becomes a major Propagate backer alongside A+E Networks. Propagate said it would use the investment to launch new […]

More From Our Brands

Access exclusive content