Mediawan acquires 3 major French production companies

MediawanMediawan, an independent European audiovisual content platform, is planning to acquire majority stakes in three production companies: Makever, Mon Voisin Productions and Storia Television (the company created to take over EuropaCorp’s TV business, excluding US series).

Under the terms, Mediawan (i) has acquired, through the Storia Television subsidiary, part of EuropaCorp Television’s business, and (ii) would purchase majority stakes in Makever and Mon Voisin Productions subject to the finalization of the transactional documents and to the usual conditions precedent for these types of transactions. All of these transactions could be finalized during the first quarter of 2018.

These companies gather together numerous major projects in France and internationally. They would allow Mediawan to continue supplement its premium content offering and expand its production volumes, as they represented revenues of over €50 million in 2017. Mediawan is thus strengthening its position in European independent production, notably by becoming the leading French producer of TV fiction.

Pierre-Antoine Capton, Mediawan’s Chairman of the Board, says: “These strategic investments in EuropaCorp TV, Makever and Mon Voisin Productions would be another milestone in the implementation of Mediawan’s strategy. With an extensive offering of premium content combining fiction, animated content and documentaries, Mediawan is in the best position possible to meet the substantial market demand.”

France, Paris

9 Story Media group acquires Out of the Blue Enterprises

9 Story9 Story Media Group has acquired Out of the Blue Enterprises, a leader in children’s media across content creation, TV production, digital applications and consumer products. The terms of the transaction were not disclosed.

Founded in 2005 by Blue’s Clues co-creator Angela Santomero and former Nickelodeon executive Samantha Freeman, Out of the Blue is best known for the Emmy-nominated literacy series Super WHY; the Mister Rogers Neighborhood inspired Daniel Tiger’s Neighborhood; and the interactive art adventure program Creative Galaxy for Amazon Studios. Out of the Blue also owns the legacy toy brand Colorforms, named by Time Magazine as one of the 100 Greatest Toys of All-Time, and the company is in production on a new animated series based on the classic brand.

9 Story and Out of the Blue have previously worked together on the hit animated series Daniel Tiger’s Neighborhood, which 9 Story produces and distributes internationally with The Fred Rogers Company in association with Out of the Blue. The two companies have also worked together on Creative Galaxy for Amazon Studios, which Out of the Blue produces and 9 Story is the animation partner. Both series are currently in production on new seasons.

Vince Commisso, President & CEO of 9 Story Media Group, said: “Out of the Blue has a proven track record in developing unique and beloved brands for a preschool audience. Joining forces broadens our development capabilities, increases our consumer products reach and extends our presence in the U.S.”

Canada, Toronto & USA, New York, NY

ITV acquires Big Talk

itvITV plc today has acquired Big Talk Productions and associated companies (Big Talk), the producer of award winning programmes Friday Night Dinner, Him & Her and Rev as well as films including Shaun of the Dead, Hot Fuzz and The World’s End.

ITV will pay an initial cash consideration and further capped cash payments contingent on Big Talk’s future performance.  The initial cash consideration will be dependent on the 2012/13 financial performance and is expected to be in the region of £12.5m.  The further capped cash payments are payable on the delivery of significant profit growth over the next five years.

UK, London

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