Banijay Group has entered into a definitive agreement to acquire 100% of Endemol Shine Group, which is co-owned by The Walt Disney Company and funds managed by affiliates of Apollo Global Management.
The acquisition will include Endemol Shine’s 120 production labels with an estimated 66,000 hours of scripted and non-scripted programming together with over 4,300 registered formats.
When the deal is complete, Banijay Group will own almost 200 production companies in 23 territories and the rights for close to 100,000 hours of content. Total pro-forma revenue of the combined group is expected to be approximately €3 billion for the year ending December 31st 2019.
The combined catalogue includes brands and formats such as Black Mirror, Versailles, The Millennium Trilogy, Peaky Blinders, Big Brother, MasterChef, Survivor, Temptation Island, Wife Swap and The Island.
Marco Bassetti, Chief Executive Officer at Banijay, said: “Endemol Shine brings an incredible array of industry-leading talent, globally-renowned brands and high-quality creative content. Combining the resources of these two companies will instantly strengthen our position in the global market, and our capabilities across genres will further define us as a go-to provider of first class IP worldwide. Welcoming the Endemol Shine brands and talents to our existing business will signal enhanced opportunities in the marketplace, and we are all excited by what the future holds for the combined entity.”
Sophie Turner Laing, Endemol Shine Group Chief Executive Officer, added: “At Endemol Shine, we have continually inspired and entertained audiences around the world, a testament to every single person across the Group. This deal takes us into a whole new and exciting chapter and into a new enhanced global content house with many opportunities ahead.”
Staff Reporter
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