KKR


eOne poaches Amazon Studios scripted exec

Entertainment One Television has bolstered its scripted ranks by drafting in Carolyn Newman from Amazon Studios. Newman (pictured) has been named in the new role of VP, scripted programming at eOne TV. Based out of LA, this will see her develop “bold and compelling” projects, working closely with eOne’s scripted teams around the world. Newman […]

KKR ‘to rival ITV in eOne chase’

Private equity giant KKR is reportedly lining up a bid for Entertainment One. This puts it in competition with UK broadcaster ITV, which last week confirmed it had an offer of around £1.01 billion (US$1.3 billion) rejected by eOne’s management. Various reports suggest KKR is “studying a potential proposal”, though has not yet decided whether […]

Chernin establishes Asian investment firm

The Chernin Group and former ProSiebenSat.1 owner KKR have pacted to create an investment fund in Asia. Investment company KKR has invested US$300 million in Emerald Media, with former New Corp. boss Peter Chernin’s media company partaking in the venture as a minority co-investor. Further to that, KKR has acquired a “significant, minority stake” in […]

Investment firms confirm ProSiebenSat.1 exit

Private equity firms KKR and Permira are offloading their remaining shares in German broadcaster ProSiebenSat.1. KKR issued a statement confirming the pair was putting its remaining 36.3 million shares into an accelerated bookbuilding process with institutional investors, leading to a total exit. The sale share price of €34.75 (US$47.25) values the KKR and Permira’s combined […]

All eyes on P7S1 as opportunity knocks

The future of ProSiebenSat.1 Media is the subject of intense speculation following the latest structural changes at the European broadcast and media giant, reports Jesse Whittock. On August 16, German TV and media firm ProSiebenSat.1 completed a stock conversion that reduced its majority shareholders’ voting shares from 88% to 44%. Significantly, the move converted private […]

ProSiebenSat.1 deal paves way for €3.4bn private equity exit

The private equity firms that control European broadcaster ProSiebenSat.1, KKR and Permira, will be free to exit the business after shareholders approved a stock conversion deal at the company’s AGM today (Tuesday 23 July). The private equity firms will hold a 44% stake in the German broadcast and media group once the conversion is approved […]

AT&T is ‘latest Hulu suitor’

US telco AT&T is reportedly in discussions about making a joint bid for Hulu, marking the latest big-name firm said to be competing for the VOD site. According to All Things D, AT&T is talking with the Chernin Group about making a joint offer. The investment firm – run by run by former News Corp […]

DirecTV reportedly among US$1bn-plus bidders for Hulu

US pay TV provider DirecTV is one of three bidders offering upwards of US$1 billion to acquire US video-on-demand site Hulu, according to US reports. Bloomberg and Reuters both reported the news, citing unnamed sources, claiming that the three US$1 billion-plus offers made it likely that Hulu owners News Corp, Disney and Comcast will reach […]

Hulu international chief ‘departs ahead of sale’

Hulu’s senior VP of international, Johannes Larcher, has reportedly stepped down from the firm ahead of a rumoured company sale. According to Bloomberg, Larcher resigned earlier this month. The news comes as Hulu is said to considering a string of takeover bids from firms including Yahoo!, Time Warner Cable and DirecTV. Larcher joined Hulu in […]