The production company behind cult hits 'Sharknado' and 'Black Summer' inks a major library deal, giving investors access to its diverse portfolio of B-movies and TV shows.
beat sheet
The Asylum, known for its low-budget, high-concept films, has sold the rights to its entire library to investment firm MEP Capital, allowing the latter to capitalize on the company's cult following.
With over 200 titles in its catalog, including the hugely popular 'Sharknado' franchise and the zombie series 'Z Nation', The Asylum's deal is seen as a strategic move to monetize its vast IP and introduce its edgy content to new audiences.
call sheet
The Asylum, MEP Capital, Sharknado, Black Summer, Z Nation