Shank has developed and managed numerous profitable family-oriented touring productions together with Disney Junior Vacation Occasion, LOL Remix Stay in 360, Peppa Pig Stay, The Contemporary Beat Band. He’ll lead the three way partnership in tandem with Mark Cavell, president of Sony Music Masterworks. Masterworks and Shank can even work to additional develop Terrapin’s artist administration enterprise and drive profession development for its roster of dynamic creating artists together with Victoria Justice, Scarypoolparty, Maddie Poppe, Magic!, Laura Marano, and Sam Tsui.
The three way partnership comes because the North American household present market goes by means of a interval of upheaval — Cirque du Soleil filed for chapter in June whereas Feld Leisure, which operates the favored Disney on Ice sequence, furlough and laid off most of its employees in March.
“As an organization, nice entrepreneurs excite us and Jonathan is simply that. They assist us develop and we might help them develop with proactive help,” Cavell says. “Jonathan is extraordinarily passionate and dedicated, and he has a pure reference to artists and creatives. We’re thrilled to work carefully with him and the Terrapin crew to additional develop our alternatives within the stay house when the touring enterprise returns and to broaden our enterprise to now embrace artist administration for the primary time.”
Shank added: “With the help of Mark and our employees, there’s an amazing alternative to construct Terrapin into probably the most aggressive artist administration and manufacturing corporations within the trade. We’re additionally sympathetic to the state of stay leisure proper now. We wish to be on the forefront of serving to carry stay experiences again to the world and shine mild on the power of latest entities to construct a basis and thrive.”
Masterworks continues to broaden its presence within the stay touring enterprise following the current launch of its RoadCo Leisure three way partnership with The Street Firm and previously-announced acquisitions of world occasion corporations Raymond Gubbay Ltd. (RGL) and Senbla within the U.Ok.
For almost a decade, Shank led the household leisure division of Crimson Mild Administration, galvanizing the success of a number of report setting excursions to the tune of over $80 million in gross field workplace gross sales. The T.J. Martell Basis is honoring him with the T.J. Martell Trailblazer Award for his management within the trade and philanthropic endeavors.