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Los Angeles Times
Los Angeles Times
Business
Stephen Battaglio

Sony Pictures TV acquires producer of '90 Day Fiancé' and 'American Idol'

Sony Industrial Sony Pictures Television Sony Pictures Entertainment

Sony Pictures Television is acquiring a majority stake in Industrial Media, a major supplier of popular reality series to TV networks and streaming platforms.

The TV entertainment arm of Tokyo electronics giant Sony Corp. announced the deal Thursday.

The size of the stake and the price were not disclosed, but the company said the deal values Industrial Media at $350 million.

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