The price, at £550M is less than All3Media‘s majority shareholder Permira originally wanted. But the deal puts the UK production company in the hands of two formidable global TV providers who have created a joint venture for the purchase and vowed to let All3Media remain a stand-alone entity. Discovery and Liberty Global “come with a long-term view of the importance of building a leading global content company and appreciate All3Media’s distinctive philosophy of creative freedom and diversity,” says All3Media Chairman Steve Morrison. The partnership will help his company “to expand further through multiple avenues of growth around the world, including in the U.S. market, which has been a driver for our business for the past several years.” . It’s the latest addition to a new breed of company that some refer to as “mega indies.” This also is a big step for Discovery and Liberty’s international...
- 5/8/2014
- by DAVID LIEBERMAN, Financial Editor
- Deadline TV
Completing the succession process that began last fall when Farah Ramzan Golant was appointed CEO, All3Media founder and executive chairman Steve Morrison is segueing to the role of non-executive chairman as of July 1. UK-based All3Media owns more than a dozen production companies including Company Pictures (The White Queen) and Gordon Ramsay’s One Potato Two Potato. Earlier this year, it set up All3Media America whose scripted division is run by former Bad Robot executive Eric Lehrman. Morrison founded All3Media 10 years ago and the company says he will continue to play “an important role to leverage his undoubted experience, energy and creative standing in the industry.”...
- 6/27/2013
- by NANCY TARTAGLIONE, International Editor
- Deadline TV
TV Production Company All3Media Suspends Sale Efforts After 6 Months CEO Steve Morrison and the company’s board, including chief executive Steve Morrison, made the decision on a conference call Sunday, The Daily Telegraph reported. Sony Entertainment and private-equity firms are thought to be among the bidders, all of whom apparently came in too low for major stakeholder Permira. The private-equity house acquired its share of All3Media for $502M in 2006 and was thought to be seeking around $1.1B. The desire to capitalize on the U.S. success of its Ramsay’s Kitchen Nightmares and Skins and find a partner to expand internationally was considered a driving force for the sale. All3Media declined comment. Anti-Copyright Group Makes Strong Showing In Berlin Election The Pirate Party, whose goal is to reform or abolish online copyright laws, scored its biggest electoral victory today with the election of all 15 members who ran to Berlin’s state parliament.
- 9/19/2011
- by THE DEADLINE TEAM
- Deadline TV
Filed under: TV News
Surprise, surprise: 'Skins' lost another sponsor.
Schick Hydro announced today that it would pull its ads from the controversial series "because some of this show's content is not aligned with Schick corporate guidelines," according to The Hollywood Reporter.
Subway announced earlier today that it would yank its ads, following Gm and Wrigley over the weekend and Taco Bell on Friday.
British executive Steve Morrison of All3Media, the company behind 'Skins,' said he stands behind the show. "On 'Skins,' I really have no idea specifically why advertisers are pulling out. But we stand behind what MTV has said and done about the hoopla," Morrison told THR. "The show in our view explores real world issues in a frank, responsible and legal way."
In other TV news ...
o. MTV has ordered a new series starring sex advice columnist Dan Savage. The show will follow the writer...
Surprise, surprise: 'Skins' lost another sponsor.
Schick Hydro announced today that it would pull its ads from the controversial series "because some of this show's content is not aligned with Schick corporate guidelines," according to The Hollywood Reporter.
Subway announced earlier today that it would yank its ads, following Gm and Wrigley over the weekend and Taco Bell on Friday.
British executive Steve Morrison of All3Media, the company behind 'Skins,' said he stands behind the show. "On 'Skins,' I really have no idea specifically why advertisers are pulling out. But we stand behind what MTV has said and done about the hoopla," Morrison told THR. "The show in our view explores real world issues in a frank, responsible and legal way."
In other TV news ...
o. MTV has ordered a new series starring sex advice columnist Dan Savage. The show will follow the writer...
- 1/24/2011
- by Jean Bentley
- Aol TV.
Cologne, Germany – Frank de Jonge, CEO of Dutch production giant IDTV, has died of cancer, aged 58.
De Jonge died in his home town of Bussum in the Netherlands June 12 after a long battle with cancer. His family and Idtv announced his passing Wednesday.
One of the leading figures in the Dutch media industry, de Jonge took over as head of IDTV in 2001, where he was responsible for shepherding through international hit formats such as "The Mole" as well as feature films including Oscar-nominated "Twin Sisters" (2002). The group is now the second largest production company in The Netherlands.
In 2003, de Jonge helped negotiate the deal by which U.K.-based production conglomerate All3Media bought up Idtv.
"Frank was an inspiring leader and a great man. He gave himself to Idtv. We will never forget his contribution," said All3Media chief executive Steve Morrison.
In addition to his executive job, de Jonge was...
De Jonge died in his home town of Bussum in the Netherlands June 12 after a long battle with cancer. His family and Idtv announced his passing Wednesday.
One of the leading figures in the Dutch media industry, de Jonge took over as head of IDTV in 2001, where he was responsible for shepherding through international hit formats such as "The Mole" as well as feature films including Oscar-nominated "Twin Sisters" (2002). The group is now the second largest production company in The Netherlands.
In 2003, de Jonge helped negotiate the deal by which U.K.-based production conglomerate All3Media bought up Idtv.
"Frank was an inspiring leader and a great man. He gave himself to Idtv. We will never forget his contribution," said All3Media chief executive Steve Morrison.
In addition to his executive job, de Jonge was...
- 6/18/2009
- by By Scott Roxborough
- The Hollywood Reporter - Movie News
Shares of the United Kingdom's two largest commercial broadcasters, Carlton Communications and Granada Plc., soared after the companies confirmed that they are at an "advanced stage" in merger negotiations to create a single ITV network. Under the terms of the preliminary proposal presented to the London Stock Exchange on Friday, the companies said Granada shareholders would pay rival Carlton £200 million ($310 million) in cash and take 68% of a combined group, valued at £2.7 billion ($4.2 billion), in which Carlton would hold the balance of shares. A formal announcement is expected within days and will draw an automatic referral to the Competition Commission. In management terms, Granada chairman Charles Allen will become CEO of the new group, while Carlton chairman Michael Green will be the company's chairman. The corporate lineup, which excludes Carlton chief executive Gerry Murphy, lends weight to recent speculation that Murphy is preparing to leave the group. He is not expected to quit until the merger is completed, sources close to Carlton said. Granada chief executive Steve Morrison left the company last month.
- 10/12/2002
- The Hollywood Reporter - Movie News
LONDON -- Granada Plc chief executive Steve Morrison will leave the company at the end of next month "to pursue other media interests" and will not be replaced, the company said in a statement Thursday. The widely expected announcement from the ITV joint-shareholder comes as part of a wider boardroom reshuffle that sees Granada chairman Charles Allen extend his power base by taking the role of executive board chairman. Allen will now have control of the company's board as it prepares for media ownership changes that could see it snapped up by an overseas buyer. In addition, George Russell, a widely respected media executive who has held a number of senior roles, including chairman of television regulator, the Independent Television Commission, and chief executive of venture capital firm 3i, will join Granada's board as a non-executive deputy chairman. Granada said it would draw on Russell's regulatory background in preparation for the forthcoming changes in media ownership rules.
- 8/30/2002
- The Hollywood Reporter - Movie News
LONDON -- Granada chief executive Steve Morrison is expected to be the latest casualty of the ITV Digital fiasco and ITV's serious audience slump, with the rumor mill buzzing that his departure could be announced as early as this week. Granada reps did not return calls on the matter Tuesday, but Morrison's departure has been in the cards since February, when Granada and Carlton revealed that under plans to merge the two companies -- plans that since have been abandoned -- Morrison would not have a role. Since then, Morrison, a Granada veteran of 28 years, has maintained a low profile, leaving ITV's recently appointed joint managing directors Clive Jones and Mick Desmond to represent the network to shareholders and advertisers. It is expected that 59-year-old Morrison's departure will take the form of an early retirement deal, according to sources.
- 8/28/2002
- The Hollywood Reporter - Movie News
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