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ITV Is Reportedly “Early Stage” Talks To Merge Production Business With All3Media Owner RedBird IMI
Talk about ITV selling off or merging its production business has been one of the British television industry’s longest-running rumors. Reuters is reporting that the company is in talks to merge ITV Studios, which is responsible for series such as Love Island and Netflix’s Fool Me Once, with RedBird IMI’s All3Media. This comes after RedBird […]
Reuters is reporting that the company is in talks to merge ITV Studios, which is responsible for series such as Love Island and Netflix’s Fool Me Once, with RedBird IMI ’s All3Media. Last November, ITV shares surged after a report that the commercial broadcaster was in talks to carve up or sell its production business with France’s TF1 and Formula One owner CVC Capital Partners among the interested parties. If such a deal did go through – and any such merger would take a long time even if it did – it would create a major new production business that rivals the size of Black Mirror owner Banijay, BBC Studios and Fremantle.
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