Twofour Group


eOne turns down £1bn ITV offer

Entertainment One has rejected UK broadcaster ITV’s £1 billion (US$1.3 billion) takeover bid. The offer “fundamentally undervalues the company and its prospects,” according to an eOne statement released a statement to the stock exchange. eOne said the preliminary proposal, made ahead of a hard offer, came in at 236p per share, or £1.01 billion. It […]

Twofour scores first Slovenian format deal

Twofour has sold ski-jumping format The Jump to a Slovenia network, with plans to build a production hub in country for other east Europe remakes. Antenna Group’s Planet TV has acquired local rights to the format, which UK-based Twofour and GroupM Entertainment own. A 30x60mins series is set to air later this year, with Twofour […]

Blink poaches Boomerang exec producer

British producer Blink Films has expanded its team by drafting in Boomerang executive Jon Lloyd as creative director of popular factual. This comes soon after Tin Roof Media bought a majority stake in London-based Blink, which is behind shows including Secret Nazi Files and The Brain with David Eagleman. Lloyd was most recently executive producer at […]

Crozier: ‘ITV a buyer, not a target’

ITV CEO Adam Crozier has dismissed suggestions the UK broadcaster is a takeover target and instead described the business as a “consolidator”. Rumours John Malone’s Liberty Global will attempt a takeover of ITV have abounded in recent years after the cable giant began building a stake in the British commercial network. However, Crozier, who has […]

Red Arrow, TwoFour execs jump to 7 Wonder

Fledgling UK indie 7 Wonder has hired executives from prodcos within the Red Arrow Entertainment and TwoFour Group companies. Jeremy Lee has joined from Red Arrow-owned UK prodco Nerd to become executive producer, while Patrick McMahon comes across from TwoFour-owned Boomerang to become head of development. McMahon indirectly replaces Chris Wilson, who was head of […]

Liberty ups ITV stake, ‘rules out’ takeover

Cable giant Liberty Global has upped its stake in ITV, but has ruled out making an offer to acquire the UK broadcaster. Liberty has acquired 138.7 million ITV shares, taking its overall number to 398.5 million – or 9.9% of the business. Last year it paid £481 million (US$750 million) for a 6.4% stake. Industry […]

ITV Studios on song as int’l business grows

ITV channels lost viewing share but reported a strong financial performance in the in the first half of 2015. As the UK-listed broadcaster continued its efforts to diversify its revenue base, content arm ITV Studios continued to perform strongly internationally. The UK broadcaster’s aggressive M&A drive continued in the first half of the year with […]

Twofour exec, Fox land Remarkable top jobs

Endemol Shine UK’s Remarkable Television has appointed a Twofour Group daytime executive as one of two new managing directors. Kitty Walshe will lead the Pointless producer with James Fox, who is promoted from creative director of multplatform game show formats subsidiary Remarkable Games. The pair replace Colette Foster, who left in April, and Nick Mather, […]

ITV’s Crozier to keynote MIPCOM

Adam Crozier, the CEO of UK broadcaster ITV, will deliver a keynote speech at MIPCOM in October. On Monday, October 5, Crozier’s Media Mastermind talk will cover points such as creative renewal at the network, its global expansion in markets such as the US and new international scripted coproductions. His thoughts on scripted will tie […]

ITV confirms £55m TwoFour acquisition

UK broadcaster ITV has confirmed it is buying Plymouth-based production and distribution firm TwoFour Group. The deal will see ITV pay LDC, the private equity arm of Lloyds Banking Group, an initial £55 million for a 75% stake in TwoFour parent holding company Boom Supervisory Ltd, with a put and call option for the other […]