×
You will be redirected back to your article in seconds

Gunpowder & Sky Acquires Digital Studio Supergravity Pictures

Gunpowder & Sky, the digital content studio backed by AT&T-Chernin Group’s Otter Media, has acquired full control of Supergravity Pictures, the startup in which it had previously held a minority investment.

Terms of the deal were not disclosed. With the acquisition by G&S, Supergravity founders Max Benator and Marc Hustvedt will shift from executive management into production roles across a number of existing projects.

The Gunpowder & Sky deal for Supergravity comes after G&S last fall acquired independent content sales and distribution company FilmBuff.

Gunpowder & Sky was founded by Van Toffler, former CEO of Viacom’s Music Group, and Floris Bauer, former head of corporate development and strategy at Endemol, together with Otter Media. In July 2015, Otter struck a deal with Supergravity encompassing both an equity financing and a co-production relationship on film projects; that relationship and ownership stake subsequently transferred to G&S.

G&S and Supergravity are currently working on full-length feature “Skate or Die,” written and directed by Jerome Sable and Nick Musurca which follows a scheming teenager who recruits a crew of local misfits to make the ultimate skate video. They are also collaborating on a project called “Team Nocuous,” a series about the world of competitive video gaming in conjunction with Fine Brothers Entertainment, Mad Cow Productions, and Third String Kicker.

“Since making the investment, Supergravity has made great progress; building the team, developing, selling and producing more series and films, and launching Antigravity, their marketing arm,” said Bauer, who is president of Gunpowder & Sky. “We are excited to leverage Supergravity’s team, expertise and projects across our network, giving them full access to our development, financing, production, and distribution capabilities.”

Supergravity, which launched in 2014, has produced and released several films and specials. Those include buddy comedy “Man Up,” starring Justin Chon and Kevin Wu; thriller “The Chosen” starring Kian Lawley; “Premature,” a comedy special with Elliott Morgan; and award-winning feature documentary “Gayby Baby” (which became the top LGBT documentary on Apple’s iTunes). The company also partnered with YouTube to help market several originals for YouTube Red including “The Thinning” starring Logan Paul, “Fight of the Living Dead,” and “Vlogumentary.”

“We couldn’t be more excited about this acquisition,” Benator and Hustvedt said in a joint statement. “Gunpowder & Sky is the perfect home for Supergravity and the combined teams and capabilities will no doubt lead to even greater success.”

G&S’s other projects include a film adaption of Jeff Hart’s “Eat, Brains, Love”; Sara Benincasa’s “DC Trip” in partnership with Adaptive Studios and Bona Fide Productions; and “Paperchase” with emerging filmmakers Lauren Domino and Angela Tucker.

L.A.-based Gunpowder & Sky also has investments and strategic partnerships with studios Cut (“100 Years of Beauty,” “Truth or Drink,” “Grandmas Smoking Weed”), Shareability (“Unexpected John Cena,” “Freshpet Holiday Feast,” “Ronaldo in Disguise”), and Realm Pictures (“Real Life First Person Shooter,” “CTRL Alt”).

More Digital

  • T-mobile - Netflix - John Legere

    T-Mobile Passes Netflix Price Hike Through to Subscribers

    T-Mobile is getting ready to raise prices for subscribers who have taken advantage of its “Netflix On Us” promotion: The mobile carrier will begin charging existing customers who have participated in the promotion an additional $2 per month to account for Netflix’s recent price increase. Consumers will see their bill go up starting on 6/2. [...]

  • Oona King

    Snap Hires Google Exec Oona King as First VP of Diversity and Inclusion

    Snap continues to fill out the ranks of its revamped leadership team: The Snapchat parent tapped Oona King, most recently Google’s director of diversity strategy and a former member of British Parliament with the Labour Party, as its first VP of diversity and inclusion. King, who starts at Snap on June 11, is also the [...]

  • Chrissy Teigen

    Chrissy Teigen to Rule Over Small-Claims 'Chrissy's Court' in Show for Jeffrey Katzenberg's Quibi

    Chrissy Teigen is going full-on “Judge Judy” in a reality show ordered by Quibi, the mobile-video subscription start-up venture founded by Jeffrey Katzenberg. In each episode of “Chrissy’s Court,” the model-influencer will reign as the “judge” over one small-claims case. Like the reality TV shows it’s patterned after, the plaintiffs, defendants, and disputes are real [...]

  • IGTV-Landscape

    Instagram's IGTV Adds Support for Horizontal Videos — but Still No Monetization

    Instagram is still searching to find the right recipe for IGTV, the long-form video service it debuted nearly a year ago. In the hopes of encouraging usage of IGTV, Instagram is breaking the original design that allowed only vertical video– to now support horizontally oriented videos as well. It’s a change that bows to the [...]

  • Facebook Logo

    Facebook Took Down 2.2 Billion Fake Accounts in Q1

    Facebook saw a huge jump of bots trying to create fake accounts during the first quarter, with the company revealing Thursday that it took down 2.19 billion such accounts over the first three months of this year. “We’ve seen a steep increase in the creation of abusive, fake accounts on Facebook in the last six [...]

  • Netflix Unveils Lonely Island Musical Tribute

    Netflix Unveils Lonely Island Musical Tribute to Jose Canseco, Mark McGwire

    The Lonely Island comedy troupe has dropped a half-hour Netflix special featuring a musical tribute to baseball greats Jose Canseco and Mark McGwire. “The Lonely Island Presents: The Unauthorized Bash Brothers Experience” features Andy Samberg and Akiva Schaffer as the former Oakland Athletics teammates who became known as “the Bash Brothers” for their prowess at [...]

  • Rotten Tomatoes

    Rotten Tomatoes Revamps Movie Audience Scores to Focus on Verified Ticket Buyers

    Rotten Tomatoes is dramatically changing its Audience Score methodology for movies: The site’s standard user rating will now reflect only moviegoers who can prove they’ve bought a ticket to see it in a theater. It’s another troll-fighting move by Rotten Tomatoes, designed to curb coordinated “review bombs” aimed at pushing down the Audience Score for [...]

More From Our Brands

Access exclusive content