NEP Group, Inc. (formerly NEP Broadcasting LLC) is a Pittsburgh, Pennsylvania-based privately owned international production company that provides outsourced teleproduction services for major events throughout the world.
Its facilities are used to produce television broadcasts of the Super Bowl, Academy Awards, Premier League, Emmy Awards, The Daily Show, UEFA Champions League, Olympic Games, NASCAR, Asian Games, WWE Wrestling, FIFA World Cup, Wimbledon and French Open, Grammy Awards, U.S. Open, British Open, The People's Court, Sesame Street, The Rolling Stones and Page Six TV.
The company was founded by Tom Shelburne in 1984 and was part of Scranton, Pennsylvania television station WNEP-TV (which in turn stood for Northeast Pennsylvania). It was spun off after The New York Times Company bought the station in 1986 from Shelburne. The company took off after it acquired the failing New Kensington, Pennsylvania-based TCS after the companies jointly produced the 1987 Pan American Games in Indianapolis, Indiana.
From 2007 to 2012 it was primarily owned by American Securities. In 2012 it NEP was sold to Crestview Partners.
On 25 September 2015 NEP appointed Keith Andrews (formerly CEO and managing director of NEP Australia) as Chief Operations officer of NEP Group, Inc.
On June 24, 2016, The Carlyle Group made a significant minority investment in NEP alongside existing shareholders Crestview and NEP management.
Video NEP Group
Acquisitions
Maps NEP Group
References
External links
- https://www.ct-group.com/na/en/posts/nep-completes-acquisition-of-avesco-group
Source of the article : Wikipedia
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