Saban Returns to Kids Roots
Haim Saban has launched a new venture to develop family programs, according to REUTERS.
Saban's L.A.-based private equity firm Saban Capital Group Inc. will form a virtual studio, employing freelance producers, writers and artists. The new company will fund global programming that can be exploited across different delivery systems, including video games, mobile devices and broadcast TV.
"I am thrilled to return to my roots and focus on developing media properties for children and families," Saban said in a statement.