Empire Investment Acquires CSS Studios
MIAMI — Empire Investment Holdings has acquired CSS Studios (www.css-studios.com), LLC from Discovery Communications, Inc. CSS Studios is a holding company that owns seven distinct businesses, which together comprise the largest independent post production sound company in North America.
Through the acquisition, Empire adds post facilities Todd-AO, Soundelux, Sound One, Modern Music, POP Sound, Soundelux Design Music Group and The Hollywood Edge to its global portfolio.
CSS operates out of nine facilities across Los Angeles and New York City. The acquisition by Empire is part of a long-term strategic investment that aims to build value across the CSS brands and allow the studios to focus on the strategic direction of the company.
“The Empire team understands and respects the importance of these companies to the creative community,” notes David F. Alfonso, Empire's chairman and chief executive officer. “We intend to protect and enhance the company’s unique value proposition and creative leadership as the preferred destination for some of the most important filmmakers of our time.”
“We look forward to partnering with the team at Empire as we focus on continuing to build on the body of award-winning work created by the best talent in the industry,” adds Robert C. Rosenthal, president at CSS Studios.
With more than 50 years of experience in providing creative sound services and technical solutions, the collective companies have garnered more than 50 Academy Award nominations and won 26 Academy Awards.