RedBird IMI Reportedly in Talks to Acquire All3Media

Investment group RedBird IMI is reportedly in advanced talks to buy UK-based production group All3Media in a deal worth in the region of £1 billion.

The Financial Times reported news of the talks, citing people familiar with the matter, and said the deal could complete before Christmas.

3. RedBird. Squid Game the Challenge.jpg
Squid Game: The Challenge

RedBird IMI is led by former CNN executive Jeff Zucker and is a joint venture between Gerry Cardinale’s private equity firm RedBird Capital and Abu Dhabi’s International Media Investments.

All3Media is jointly owned by Warner Bros Discovery and Liberty Global and houses 50 production labels including Squid Game: The Challenge and The Traitors producer Studio Lambert and Life on our Planet producer Silverback.

All3Media has production companies in the UK, US, Germany, the Netherlands, Belgium and New Zealand. The group produces more than 4,000 hours annually for linear broadcasters, VOD, social media and other digital platforms.

Other firms including Banijay, Peter Chernin’s North Road and ITV have previously been linked with interest in All3Media.

RedBird IMI is pushing into the UK media sector and is in the process of trying to buy the Telegraph newspaper and Spectator magazine. The deal is being investigated by regulators amid scrutiny of British media ownership rules.

Comments
Latest News
smpte

SMPTE, EBU, and VSF win Emmy award for developing ST 2110

The Society of Motion Picture and Television Engineers (SMPTE), the European Broadcasting Union (EBU), and Video Services Forum (VSF) are to receive an Emmy award for Outstanding Achievement in Engineering, Science & Technology for the development of SMPTE ST 2110.

Read more
d2 big blue marble resized

Big Blue Marble takes on the world

Austria-based ORS Group and Insys Video Technologies are exhibiting for the first time under their joint international Big Blue Marble brand as they present their shared mission to “create a smarter, connected, secure future for content distribution”.

Read more
Favourites:

Registered users only: Login

Share this:
Other themes: