Monday Media ramps up expansion with Rabbit Films acquisition

Mobile 101

Nordic production group Monday Media has made its second company acquisition in less than a week, taking a majority stake in Finnish unscripted and scripted prodco Rabbit Films.

Rabbit, which is known for formats such as Over The Atlantic and Ultimate Escape, which is currently in production for Seven Network in Australia, will retain its management team, with CEO Olli Suominen and creative director Tuomas Summanen staying in their current positions and as company co-owners.

The deal comes just days after Monday Media acquired Danish unscripted firm Impact TV, following its bankruptcy filing last month in April.

Rabbit Films is also the producer of local versions of formats such as Who Wants To Be A Millionaire?, Taskmaster, Love It Or List It and Sort Your Life Out and drama productions like Summer Of Sorrow, Bubble and Mobile 101. It also includes a distribution division led by Jonathan Tuovinen.

With the acquisition, Monday Media’s portfolio now includes 13 labels in Norway, Denmark and the Netherlands for Monday Media. Its other scripted and unscripted prodcos include Feelgood, Teddy, Monday Production, Monday Sport and Monday Scripted in Norway; Monday Media NL; and Monday Production, Koncern, Monday Scripted and the recently acquired ImpactTV in Denmark.

“Olli, Tuomas and the rest of the team have proven to be some of the most creative format developers and producers in our region. We are so pleased that they are joining the group in our ambition to continuously deliver top-entertainment and formats out of the two most creative regions in Europe – the Nordics and Benelux,” said Morten Bank, group chairman of Monday Media.

Suominen said that the deal is “a natural next step” for Rabbit “after more than twenty years of content creation with The Dudesons as majority owners.”

He added: “ We are proud of what we have achieved to this point, but we are looking forward to becoming part of a strong and ambitious group in pursuit of future successes and creativity in an ever-intensifying competitive environment.”