ITV PLC has released a statement to its shareholders confirming that it is “actively exploring” an acquisition of superindie, All3Media.
The statement was made in response to media speculation on a possible buy out by ITV after a report in Reuters.
ITV said that in regards to a deal with All3Media owners, Warner Bros Discovery and Liberty Global, “there can be no certainty as to whether any transaction will take place, nor as to the terms of any such transaction.”
“A further announcement will be made if and when appropriate.”
All3Media currently houses 50 production companies and labels across the UK, US, Germany, the Netherlands, Belgium and New Zealand that produce more than 4,000 hours annually.
Group companies include Studio Lambert, RAW, Silverback and Company Pictures along with distribution arm, All3Media International.
Content includes global hit format The Traitors, sold to 20 territories to date; landmark natural history series Wild Isles, presented by Sir David Attenborough, and The Mating Game; multi-award winning format Gogglebox; BBC drama The Tourist; makeover series Sort Your Life Out; popular quiz show Lingo as well as Oscar award winning film 1917; cult comedy Fleabag; the UK’s top-selling drama series Midsomer Murders; and globally successful period drama Call the Midwife.
All3Media had its biggest revenue year ever in 2021 with £866.6million.
Share this story