Alec Gores, who was part of a group that made an unsuccessful bid for Miramax, has his eye on another media biggie: CKX Inc, which owns most of American Idol. Bloomberg is reporting today that the unsolicited offer came March 23 but had no other details. CKX had been on the block to sell but withdrew those plans five months ago. The company, which owns two-thirds of Idol with FremantleMedia, reported a $15.7M loss and a 17% drop in revenue earlier this month, mostly owing to the winding-up costs of shrinking Idol creator Simon Fuller’s 19 Entertainment.
Alec Gores Makes Unsolicited Offer To Buy 'Idol' Owner CKX
What's Hot on Deadline
Matt Groening Netflix Animated Comedy A Go With 20-Episode Order, Abbi Jacobson, Nat Faxon & Eric Andre Lead Voice Cast
David Letterman Talks The Changing Late-Night Landscape, His Talk Show Return On 'Norm Macdonald Live'
Latest TV News
- ITV Earnings Down In First Half Amid UK Advertising Slump
- ‘Hit The Road’ Star Jason Alexander On Making A Family Comedy Not For Families — TCA
- David Letterman Talks The Changing Late-Night Landscape, His Talk Show Return On ‘Norm Macdonald Live’
- ‘Loudermilk’ Star Ron Livingston Wonders If Critics Watch TV Until Their Eyes Bleed – TCA
- ‘Mr. Mercedes’ Director On Tackling Violent Themes — TCA
- Margo Chase Dies In Plane Crash: Chase Design Group Founder Created ‘Buffy’ & ‘Angel’ Logos