TheSoul Publishing Acquires Majority Stake in Underscore Talent
Together the industry leaders will create offerings to better serve creators and global audiences.
December 7, 2022
TheSoul Publishing has acquired a majority stake in Underscore Talent, a management firm within the creator economy. The deal was announced jointly by Arthur Mamedov, chief executive officer, TheSoul Publishing, and Reza Izad and Dan Weinstein, co-chief executive officers, Underscore Talent.
The investment allows Underscore Talent access to TheSoul Publishing's proprietary, tools, technology and production resources. This will provide creators access to content production and distribution capabilities, further cementing TheSoul Publishing as a complete creative ecosystem in today's fast-evolving global entertainment landscape. As part of the acquisition, Izad and Weinstein will join TheSoul Publishing’s Board of Directors and further drive TheSoul's business growth and expansion globally.
"Over the past few years, I've had the privilege of working alongside and getting to know Reza and Dan,” says Mamedov. “Their ventures have been game-changing for the digital creator community, and we've closely followed the immediate success of Underscore Talent from its early days. Underscore brings unparalleled strategic expertise, a best-in-class management team, and a significant client roster, while TheSoul Publishing is merging its know-how, processes, and technology to amplify the voices of creators beyond what they could achieve elsewhere. Together, our goal is to empower the growth and development of the business by enhancing the service offerings for creators with the creation powerhouse we have built."
TheSoul's Victor Potrel, vice president, content distribution and Iva Rukelj, general counsel, North America will join Underscore Talent's board of directors.
"Often, our clients are requesting enhanced capabilities, technical support, and additional resources to further build their business,” say Izad and Weinstein. “Arthur and his team at TheSoul Publishing have built an impressive world-class international infrastructure for content ideation, creation and distribution. Now, our clients will have a strategic advantage by utilizing this proprietary digital innovation to further amplify their creative capabilities and output across platforms, while avoiding fatigue and burnout."
Read more about:
TheSoul PublishingAbout the Author
You May Also Like