ITV Grows Financials; Acquires Norway's Mediacircus, Teams With Israel's Reshet

UPDATE: Just after announcing half-year results this morning, ITV said it has acquired Norwegian production company Mediacircus and has joined forces with Israeli broadcaster Reshet in a strategic development and production partnership. The moves fall in line with the company’s transformation plan as it aims to build a strong international content business. Mediacircus, which will become part of ITV Studios Nordic, produces factual and documentary programming. It currently produces the ITV Studios format Come Date with Me. Reshet develops and produces original drama and entertainment formats including Comedians At Work, Step Family and The Money Pump. Among its original dramas are A Touch Away, which has been licensed by HBO, and Life Is Not Everything, licensed by Sony Studios. Sharon Gelbaum-Shpan will head the venture’s Israeli office.

: ITV chief exec Adam Crozier’s 5-year transformation plan at ITV is still underway and “gaining momentum.” The broadcaster reported its half-year results on Thursday morning with growth across all business areas. External revenues were up 10% to £1.13B with big increases at ITV Studios, (more…)

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