CCCL puts TV production firm Celador up for sale

MUMBAI: Complete Communications Corporation (CCCL), the parent company of television production firm Celador Productions and Celador International, has announced that it is making the worldwide intellectual property rights and UK programme library of Who Wants To Be A Millionaire?, its globally successful quiz show format, available for sale.

If a sale of Who Wants To Be A Millionaire? is agreed, the parent company will encourage and support a management buyout of both Celador Productions and Celador international.

CCCL has employed the services of corporate finance advisory house, LongAcre Partners, to advise on the sale.

CCCL chairman, Paul Smith said, “I have been at the helm of Celador for over 20 years and it is no secret that I have, for some time, wished to reduce my responsibilities within the television division to allow me to focus my attention on opportunities within radio broadcasting and film production. I also wish to allow myself more leisure time. To that end I have been pursuing a partial exit and succession strategy for the past 18 months.

“I have already significantly downscaled my day-to-day involvement with Celador Productions and Celador International by devolving responsibility to the managing director of each company. Both are led by motivated and accomplished management executives, have healthy current projects as well as a number of exciting developments in the pipeline, and prosperous futures ahead of them.”

Who Wants To Be A Millionaire? was launched in September 1998 in the UK on ITV1 and quickly became a ratings phenomenon. In India, it changed the fortunes of Star in its local avatar Kaun Banega Crorepati? The format has won over 60 awards globally and been licensed to 105 countries. Now in its 19th season in the UK, Who Wants To Be A Millionaire? is a mainstay of ITV1’s Saturday night schedule, regularly attracting audiences of over seven million viewers.

Alongside its on-air success, the format’s reach extends into a range of hugely popular consumer products and pioneering interactive applications.

Although renowned for Who Wants To Be A Millionaire? Celador has enjoyed success spanning two decades and has earned a reputation for producing innovative and original programming for broadcasters at home and abroad, and distributing and licensing entertainment brands across a global platform.

Celador Productions’ factual entertainment format, You Are What You Eat, became one of Channel 4’s highest rating shows when it launched in 2004. Now in its third series, the completed programme or format has been sold to 17 countries and spawned a range of successful consumer products including a series of best-selling books.

The company is currently producing a brand new factual entertainment series, Turn Back Your Body Clock, for transmission on UK's Channel 4 in May, which will be launched internationally at the television event MipTV in Cannes, France next week.

A tenth series of Commercial Breakdown recently concluded on BBC1 having consistently won its slot with an audience share of over 20 per cent, and a new six-part comedy for BBC3 Live! Girls!, has just commenced production. Celador Productions is also expanding its operations to a regional office, details of which will be announced in the coming weeks.

Celador International’s portfolio of successful game shows includes Talking Telephone Numbers, The People Versus, and Brainiest. Last year the company acquired the rights to the kids animated show Roobarb & Custard, the new series of which is currently showing on Five’s Milkshake strand and on Boomerang, as well as ABC in Australia and Ireland’s RTE. It has also just been released on DVD in the UK.

Celador International also holds the merchandising rights to the new Tales of the Riverbank movie, which has recently commenced principal photography.

Latest Reads
21st CF spins-off into new live news & sports co Fox

MUMBAI: After the blockbuster acquisition of 21st Century Fox by The Walt Disney Company, the former has announced that it will spinoff into a new brand Fox’ that will seek to replicate its own success in the newly focussed verticals of live news and sports brands. Using fiscal 2017 as a base, the...

Television TV Channels News Broadcasting
With Star India, Disney emerges as India's largest M&E firm

MUMBAI: Unlike the US, where the merger of The Walt Disney Co and 21st Century Fox’s entertainment assets is between two near equals, the scenario in India is totally different. 21st Century Fox’s India venture Star India is a $1.7 billion dollar media and entertainment behemoth while Disney India...

Television TV Channels People
Disney to buy 21st Century Fox assets for $52.4 billion

The Walt Disney Co has set up a $52.4 billion, all-stock deal to acquire 20th Century Fox and other entertainment and sports assets from Rupert Murdoch’s empire.

Television TV Channels Movie Channels
MOVIES NOW brings #StopDreamingAndStartWinning with 100 Mania Season 5 for its viewers

Movies Now, India’s english movie channel, rings in the festive season with its property ‘100 Mania’, beginning Friday, 15 December at 9pm. In its 5th season, the channel has curated a line-up of some of the biggest Hollywood blockbusters like Furious 7, Jurassic World, Disney’s The Jungle Book,...

Television TV Channels English Entertainment
SPN India to telecast Real Madrid vs Barcelona at 4:30 pm

Less than two weeks to Christmas and Sony Pictures Sports Network (SPSN) launches its “Christmas Comes Early” campaign as a build-up to the biggest football clash of the year, El Clasico.

Television TV Channels Sports
PEN to launch Hindi music channel Dream TV

MUMBAI: Despite the glut of pure-play Hindi music channels on television today, Popular Entertainment Network (PEN) is adding one more to the fray. The new channel, called Dream TV, will provide 24-hour programming.

Television TV Channels Music and Youth
RTL Group restructures top management

MUMBAI: There’s change at the top at RTL Group–which owns Fremantle Media and operates a clutch of 61 TV channels–including RTL CBS and RTL CBS Extreme–and 30 radio stations in Europe. At his own behest, Guillaume de Posch will step down as co-CEO of RTL Group, effective 1 January 2018. He will...

Television TV Channels People
Disney expected to announce 21 CF buyout tomorrow: media reports

The Mouse House is closing in on the Fox. Media reports have emerged that Disney’s bid to acquire the Murdoch-owned 21st Century Fox (21 CF Fox) group’s entertainment assets is near closure. The price being talked about is anywhere between $60 billion and $68 billion and an announcement is...

Television TV Channels News Broadcasting
World television premiere of Maragadha Naanayam on Zee Tamil

Zee Tamil announced the world television premiere of critically acclaimed Maragadha Naanayam – the fantasy-comedy-thriller film that features Aadhi Pinisetty and Nikki Galrani on Sunday, 17 December at 4:00 PM only on Zee Tamil. Written and directed by ARK Saravan, the movie is a perfect blend of...

Television TV Channels Regional

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories