The producer has been behind a number of reality, documentary and nonscripted series, including ESPN's '30 for 30,' as well as Discovery+'s 'Hillsong: A Megachurch Exposed.'
“Asylum is the ideal complement to our existing portfolio, and Steve will have our full support in building out an industry-leading nonscripted business,” Shapiro said.
“We’ve long admired Steve and Asylum’s stellar work,” Sanhueza said. “As we look to invest further in nonscripted production, Steve’s appetite for growth, remarkable track record and market insight will benefit all our creative partners.” “Endeavor is the ideal partner for our next chapter of growth in the nonscripted space,” Michaels said. “We’re excited to provide new partners with unique opportunities that amplify their vision, brands and businesses.”
The investment in production follows Endeavor’s sale of a majority stake in Endeavor Content, its production and distribution business, to CJ ENM in early 2022. Endeavor still owns a 20 percent stake in the company.
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