Discovery Communications and Liberty Global to acquire All3Media

all3LogoSky News is reporting that Discovery Communications and Liberty Global are forming a joint venture to acquire All3Media, which is owned by the London-based private equity group Permira. The deal is expected to value All3Media at more than £550m. The transaction, is expected to be announced on Friday.

Fusion DigiNet previously reported that All3Media was considering a sale in April 2011.

all3media was formed in 2003 following the acquisition of Chrysalis Group’s TV division in September 2003, led by Steve Morrison, David Liddiment, Jules Burns and John Pfeil. In September 2006, Permira became all3media’s majority shareholder.

Since November 2012 All3Media has been led by Farah Ramzan Golant. Previously Farah had a 25 year career in advertising, rising through the ranks of AMV BBDO. She serves on the Board of Trustees of the National Theatre, the Prime Minister’s Business Advisory Group and the Advisory Board of the Cambridge Judge Business School.

all3media group comprises eighteen production companies, independent creators of TV and multi-platform programming from around the world. Its TV shows include Gogglebox, Midsomer Murders, Shameless and Skins.

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AMC Networks to acquire Chellomedia from Liberty Global for $1BN

amc networks AMC Networks, the owner and operator of a number of cable channels including AMC, IFC, Sundance Channel and WE tv and owner of hit shows such as Mad Men, Breaking Bad and The Walking Dead, is to acquire substantially all of Chellomedia, the international content division of Liberty Global, for approximately $1 billion. The transaction is expected to close in the first quarter of 2014.

The acquisition provides AMC Networks with an extensive array of television channels that are distributed to more than 390 million households in 138 countries.

chellomedia“Chellomedia has developed a remarkable portfolio of popular channels that reach hundreds of millions around the world. As AMC Networks has expanded internationally, we have had a great desire to do something we consider fundamentally strategic, which is to take our content and put it on channels we own. This acquisition allows us to secure a large, global platform on which to distribute our increasingly successful original programming through a collection of strong, well-established and well-managed assets worldwide,” said Josh Sapan, President and CEO of AMC Networks. “Together, we can grow these assets and make them even more popular and valuable around the world.”

The agreement includes the acquisition of Chellomedia’s operating businesses including: Chello Central Europe, Chello Latin America, Chello Multicanal, Chello Zone, the ad sales unit Atmedia and the broadcast solutions unit Chello DMC.

USA, New York