A+E Networks Invests in Range Media Partners With Expansive Production Pact

variety.com:

Cynthia Littleton Business EditorA+E Networks has set a broad content production and business development venture with Range Media Partners, the talent management startup that launched 16 months ago by CAA and Entertainment One alum Peter Micelli.As part of the deal, A+E Networks has taken a minority stake in Range, which has grown quickly with a roster of talent managers and executives, from across film, TV, music, talent representation, production, activism, branded content and venture strategy.

A+E Networks is home to cable stalwarts A&E Network, History and Lifetime, the A+E Studios banner and a growing collection of FAST streaming channels.The deal calls for A+E Studios to serve as Range’s production partner on scripted project.

A+E Networks also has a first-look deal with Range for unscripted projects for its networks and production imprints Category 6 Media and Six West Media.

The expansive pact came about in part because the key players — A+E Networks chief Paul Buccieri, Range’s Micelli and A+E Studios president Barry Jossen — are longtime friends and colleagues.