Don Groves is a Deadline contributor based in Sydney

“In this era of consolidation you either have to be part of something that’s a great deal bigger or run your business from home,” says Bob Campbell, managing director of Oz TV producer Screentime. Terms of Banijay’s acquisition of the company, which also operates in New Zealand and Ireland, were not disclosed. But, Campbell and Screentime exec chairman Des Monaghan will continue at the company, “until we’re 140,” Campbell tells Deadline. Both remain shareholders along with Charles Curran’s Capital Investment Group. Banijay will launch a new version of Screentime’s talent show format Popstars at MIPCOM in October and look to exploit other formats. Screentime is producing the sixth series of popular crime drama Underbelly for Australia’s Nine Network. The company’s other credits include reality show R.B.T., and dramas Cloudstreet, Brothers In Arms, Crownies and Beyond The Darkland.