Report: ITV Crafting Full Takeover Of Debt-Ridden Endemol
Commercial broadcaster ITV is reportedly seeking full control of Dutch giant Endemol if it buys the production company behind Big Brother. ITV is constructing a deal to acquire Endemol by taking on its $2B debt without paying anything for the equity held by Mediaset, Goldman Sachs Capital Partners, and Cyrte Investments. Under the plan, the three shareholders would see some cash, as they are all debt holders. ITV also is in discussions with Mediaset, the media group owned by Italian Prime Minister Silvio Berlusconi, about forming a joint venture to buy Endemol, whose TV formats includes Deal Or No Deal, Total Wipeout and Money Drop.
Inception Acquires World Wide Library For Digital
Sydney-based World Wide Entertainment has sold more than 2,500 hours of programming to Inception Media Group for digital distribution. Santa Monica-based Inception earlier this year acquired and released World Wide’s A Royal Romance: William and Kate and Remembering 9/11. The library, heavy on biographies, contains long-form, episodic and short-form content well-suited for online, VOD and mobile platforms.
MPM Launches Sales Operation With ‘Historias’
Paris-based MPM Film is launching a sales operation with former Celluloid Dreams sales manager Pierre Menahem. The first film to be marketed by Marie-Pierre Macia and Juliette Lepoutre’s company is Historias, written and directed by Brazil’s Julia Murat. The film will screen at the Venice International Film Festival and then play at the Toronto and San Sebastian film festivals.