Mediacircus


Content crunch – the fight for rights

As the pace of consolidation quickens, competition for rights is fiercer than ever. Stewart Clarke talks to distributors about the changing face of the business and how, in the hyper competitive world of TV, they are gaining access to content. First-look deals, overall deals, development deals, output deals, umbrella deals and pod deals: all are […]

ITV Studios moves UK broadcaster into the international spotlight

ITV has been the most active TV company in the M&A space in recent times. The UK broadcaster’s content arm has been driving that, buying production companies in the US, UK and Scandinavia. Its boss, Kevin Lygo, tells Stewart Clarke about his goals for ITVS and that its buying spree will continue. Soon after joining […]

ITV Studios buying spree to continue, US drama push planned

Kevin Lygo has told TBI that ITV Studio’s aggressive indie buying spree will continue and that the next phase will see it move into the US scripted TV market. “We’re growing significantly and, internationally, the content acquisition strategy will continue for a while,” Lygo said in an exclusive interview. Buoyed by the recent strong performance […]

Crozier plays down Nice move as ITV boosts revenue

ITV’s chief exec Adam Crozier has played down a move for Scandinavian production group Nice Entertainment as the UK broadcaster posted strong half yearly results. ITV has been among the most active major television company in terms of acquisitions since Crozier unveiled his five-year Transformation plan in 2010, and just last week bought UK indie […]

ITV ‘tees up £90m bid’ for Scandi’s Nice

UK broadcaster ITV is reportedly set to continue its spending spree by preparing a £90 million (US$134.5 million) offer for Finland-based producer Nice Entertainment. UK newspaper the Sunday Times reported ITV is considering placing the offer for Nice, which counts Babes on the Bus and Celebrity Babysitter among its formats. FremantleMedia, Sony and Time Warner […]

ITV takes slice of US market with Cake Boss acquisition

UK broadcast giant ITV is acquiring a majority stake in the producer of US cable series Cake Boss, High Noon Entertainment. ITV has paid US$26.7 million upfront for a 60% stake in the company, with a top-up payment due in 2015 dependent on company performance. Furthermore, ITV has a put and call option that allows […]

ITV Studios earnings hit £100 million for first time

ITV Studios’ earnings topped £100 million (US$152 million) for the first time in its history last year, its latest financial results have revealed. The production and distribution arm of the UK broadcaster ITV, ITV Studios, grew its EBITA profit 29% year-on-year, taking the total to £107 million, according to ITV’s financial results for the year […]