EXCLUSIVE: Gravitas Ventures said Friday that Nolan Gallagher, who founded the indie distributor in Los Angeles in 2006, will be stepping down as CEO and leaving March 31 to focus on soccer team ownership in Cleveland.
The news was revealed by Anthem Sports & Entertainment, which acquired Gravitas Ventures in November 2021 and owns a range of entertainment properties including AXS-TV, HD Net Movies, Fight Network and IMPACT Wrestling, revealed the news.
Under Nolan’s leadership, Gravitas became a global all-rights theatrical distribution company that released more than 3,000 films on VOD, winning recognition from the Film Independent Spirit Awards, the Academy of Motion Pictures Arts & Sciences and numerous film festivals.
In 2019, co-owners Gallagher, Michael Murphy and Brendan Gallagher moved Gravitas Ventures to Cleveland to further economic momentum for media & entertainment in their hometown.
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