Asylum Entertainment Group Acquires Texas Crew Productions

Asylum Entertainment Group (AEG) has acquired the Austin-based independent Texas Crew Productions.

With a focus on true crime, sports, music and home renovation, Texas Crew tripled its gross revenue in the last four years and has produced more than 50 original hours in the past year alone. Under the AEG banner, it will sit alongside the unscripted-focused The Content Group, among others.

The deal provides Texas Crew a larger infrastructure to supercharge its development slate and a vast network to grow its industry relationships. Key Texas Crew executives, including David Karabinas, CEO; Brad Bernstein, chief creative officer and head of production; Chip Rives, president and executive producer; and Rick Cikowski, development director, will work alongside CEO of AEG Steve Michaels, as well as Jodi Flynn, president of The Content Group.

Texas Crew’s credits include 30 for 30’s Brian and the Boz and Phi Slama Jama (ESPN); The 44th President: In His Own Words (HISTORY); Killer Relationship with Faith Jenkins (Oxygen); and the recent reboot of Ripley’s Believe It or Not! (Travel).

“As we continue to amplify our global footprint through acquisitions and joint ventures, we look at companies whose profiles match our mission and business culture,” said Michaels. “David and the team at Texas Crew are well-respected executives and creatives who have done exceptional work in the last decade.”

“Aligning and collaborating under the immense umbrella of Asylum Entertainment Group gives us the bandwidth to be even more rigorous, innovative and forward-thinking with our projects than ever before,” Karabinas said. “Steve and Jodi and their entire creative team share our DNA. We have the same vision and goals and value hard work and the creative process.”

Flynn added, “The Texas Crew team have done an incredible job building trusted relationships with buyers and long-running premium content, all outside the major entertainment hubs. We’re excited to provide them additional bandwidth, so they can focus on creating even more content and scaling their slate.”