news

NEP ADDS NEW MEMBERS TO BOARD OF DIRECTORS

Pittsburgh, PA

|

March 18, 2013

NEP today announced a reformulation of its board of directors which follows the company’s recent acquisition by New York-based private equity firm Crestview Partners.

NEP today announced a reformulation of its board of directors which follows the company’s recent acquisition by New York-based private equity firm Crestview Partners. Two prominent members of the media and entertainment industries, Ken Schanzer and Mark Patricof, have joined the NEP board, in addition to Crestview Partners’ Jeff Marcus, Brian Cassidy, and Katherine Chung. Debra Honkus will remain in her position as chairman of the board, and Kevin Rabbitt, NEP CEO, will also continue as a director on the board.

Schanzer served as president of NBC Sports from June 1998 until his retirement in September 2011. He also served as chief operating officer and was responsible for supervising the day-to-day operation of the division. Schanzer played a key role in negotiating NBC’s six-year agreement with the National Football League to become the network home of premier prime-time television package “Sunday Night Football” beginning in 2006. He was also responsible for NBC’s landmark agreement for exclusive network telecast rights for the University of Notre Dame’s home football games. Before joining NBC Sports, Schanzer served eight months as senior vice president, government relations, for the National Association of Broadcasters. 

Patricof is the co-founder and managing partner of MESA Global, a merchant bank and strategic advisory firm specializing in media and entertainment. Since MESA’s inception in 2008, Patricof has advised on numerous transactions including, most notably, the acquisition of Miramax and financing for Relativity and Blue Man Group. Additionally, Patricof manages a seed fund called MESA+, which invests alongside top-tier VCs in early-stage digital media companies. Prior to his work at MESA, Patricof was the founder and CEO of , a highly renowned digital media incubator that partnered with major media companies on their earliest content initiatives. was recognized as an early pioneer in streaming media, in 1996 producing the first ever webcast of a presidential inauguration. Patricof’s career began with a six-year stint at CAA. He serves on numerous boards and is a former Ernst & Young Entrepreneur of the Year finalist. 

Joining Crestview in 2004, Marcus is a media and communications entrepreneur who previously served as the president and chief executive officer of AMFM, one of the nation’s largest radio broadcasting companies. Marcus was also founder and chief executive officer of Marcus Cable, which at its sale in 1998 was the largest privately held cable company in the U.S. In addition to serving on the NEP board, Marcus serves on the board of directors for Camping World/Good Sam Enterprises, Charter Communications, and Cumulus Media.

Cassidy joined Crestview Partners in 2004. Previously, he worked in private equity at Boston Ventures, where he invested in companies in the media and communications, entertainment, and business services industries. He was an investment banking analyst at Alex. Brown & Sons, where he completed a range of financing and M&A assignments for companies in the consumer and business services sectors. Cassidy sits on the board of directors for ValueOptions and Camping World/Good Sam Enterprises. 

Chung joined Crestview in 2009 from the Blackstone Group, where she was a principal in the private equity fund and worked in both New York and London. At Blackstone, Chung evaluated, executed, and monitored investments across a variety of sectors, with a focus on financial services, including insurance, asset management, and banks. Prior to joining Blackstone, Chung was an associate at Capital Z Partners, a financial services-focused fund, and an analyst in the Financial Institutions Group at Morgan Stanley. 

“Ken and Mark bring tremendous strategic skills and knowledge to the NEP board of directors, and their stellar reputations in the industry precede them. We’re also honored to have Jeff, Brian, and Katherine join the board and lend their industry expertise along with their financial and business expertise and experience,” said Rabbitt. “With this fine team of industry and business visionaries, NEP is well-positioned to continue on its current strong path of worldwide growth.”

About NEP

For over 30 years, NEP has been a worldwide outsourced technical production partner supporting premier content producers of live sports, entertainment, music and corporate events. Our services include remote production, studio production, audio visual solutions, host broadcast support, premium playout, post production and innovative software-based media management solutions. NEP’s 3,000+ employees are driven by a passion for superior service and a focus on technical innovation. Together, we have supported productions in over 85 countries on all seven continents.

NEP is headquartered in the United States and has offices in 24 countries.

Contact

press@nepgroup.com

Recent News

The Carlyle Group to Acquire Crestview’s Outstanding Interest in NEP Group

PITTSBURGH

|

August 28, 2018

NEP Group, Inc., Crestview Partners and The Carlyle Group (NASDAQ: CG) announced today that Carlyle Global Partners, Carlyle’s long-duration private equity fund, has agreed to acquire Crestview’s remaining shareholding in NEP. Carlyle initially invested in NEP alongside Crestview and Management in June 2016 and, following this transaction, will hold a majority interest in NEP. Carlyle will continue to support management's strategy of building a diversified worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment.

NEP Group’s Mediatec Solutions Acquires All Live Event Assets From FilmGEAR ApS

PITTSBURGH, UNITED STATES AND KUNGÄLV, SWEDEN

|

August 6, 2018

NEP Group Inc ('NEP') announced today via its subsidiary Mediatec Denmark ApS that they have entered into an agreement with FilmGEAR ApS to acquire all assets and hire the employees associated with FilmGEAR's business Showcare. Showcare is a live events services brand providing turn key solutions for audio, lighting and display. The assets and employees will become part of Mediatec Denmark ApS.

NEP Announces a Commercial Agreement with Top Tech Services for Four New OB Vans

Rome, Itlay

|

August 2, 2018

NEP Italy announced today that they have made an agreement with Top Tech Services, a Rome-based provider of outside broadcast solutions, for four additional OB vans. This agreement follows NEP’s opening of an office in Italy, their acquisition of Telerecord in June and signals their commitment to make more resources available in the Italian market.

How NEP Leveraged Unreal Engine to Deliver Standout Live Broadcast Events For the Winter Olympics, Formula 1

Hilversum, Netherlands

|

August 2, 2018

NEP helps its clients develop and deliver standout live broadcast events. With combined creative and IT expertise, the company delivers services that transform the way global video entertainment is created, managed and distributed. Over the past two years, NEP has built a dedicated Unreal Engine team to service growing client demands for real-time graphics in broadcast scenarios. We spoke with NEP Senior Unreal Engineer Roel Bartstra to get a closer look at their work.