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ITV, RedBird IMI in Early Talks to Merge Production Arms (Report)
Reuters claims early discussions have been held to merge ITV Studios with All3Media
ITV has held early talks with the Abu Dhabi-backed investment group RedBird IMI, led by CEO Jeff Zucker, about a potential merger of their production businesses, according to Reuters. Citing two people with “knowledge of the situation,” Reuters claims that the discussions have centered on merging ITV Studios with All3Media, which RedBird IMI acquired for $1.43 billion last year. A sell off of ITV Studios — which in 2023 made up just over half of ITV’s total group revenues — has been rumored for some time, with Mediawan and All3Media understood to be the key parties interested.
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