Core Viewpoint - RedBird IMI has agreed to acquire All3Media for £1.15 billion, enhancing its portfolio in the media and entertainment sector [1][3] Company Overview - All3Media is a leading independent television production and distribution company based in London, operating 50 production labels and producing popular global shows [2][8] - The company has a diverse library that includes various genres such as thrillers, detective series, soap operas, and documentaries, with a total production output of 4,000 hours annually [2][8] - All3Media International manages a distribution catalog of over 30,000 hours, while its digital business, Little Dot Studios, focuses on social video and branded content [2] Management and Leadership - Jeff Zucker, CEO of RedBird IMI, will become the chairman of All3Media, with Jane Turton and Sara Geater continuing to lead the company [3] - The management team at All3Media is recognized for its strong performance and creative excellence, which is expected to continue under RedBird IMI's ownership [3][4] Strategic Intent - The acquisition aligns with RedBird IMI's investment strategy focused on global content creators and intellectual property owners, aiming to accelerate growth in Europe and the U.S. [3][4] - RedBird IMI's goal is to build a global media company across various sectors, marking this acquisition as its largest investment to date [4][6] Financial Advisors - RedBird Advisors served as the financial advisor for RedBird IMI, while JP Morgan acted as the financial advisor for Warner Bros. Discovery and Liberty Global [5]
RedBird IMI to Acquire Global Production Company All3Media