After more than 35 years of operation, TBI is closing its doors and our website will no longer be updated daily. Thank you for all of your support.
Endemol buys into 51 Minds
Endemol has acquired a controlling stake of US producer 51 Minds Entertainment. The US indie produces a range of shows featuring Public Enemy rapper Flavor Flav including Flavor of Love and I Love New York.
Endemol COO Marco Bassett said the deal was in line with Endemol’s strategy of boosting its non-scripted TV output. “Endemol will continue to look for acquisitions, particularly in the area of digital media and advertiser funded/branded content,” he said.
51 Minds is an amalgamation Cris Abrego’s 51 Pictures and Mark Cronin’s Mindless Entertainment. As well as the Falvor Flav series, it has delivered a range of original programming to VH1.
Cronin said the company wants to build on its relationship with VH1 and to get series on network TV and new media platforms.