Television

Warner Bros TV signs acquisition of Eyeworks’ operations in 15 countries, except US

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2014/02/12/wb.jpg?itok=cybG7h9h

MUMBAI: Warner Bros Television Group has entered into an agreement to acquire independent television production company Eyeworks Group’s businesses in 15 countries across Europe, South America, Australia and New Zealand for $273 million.

The acquisition, which does not include Eyeworks’ operations in the US, will add 13 new territories to Warner Bros Television’s network of production companies, according to a statement from Warner Bros Television.

Once completed, this acquisition will further strengthen Warner Bros' international television production capabilities and also see Warner Bros take over all of Eyeworks' international distribution activities.

Warner Bros Television is expected to complete the acquisition of Eyeworks later in 2014, subject to regulatory approvals.

The announcement was made by Warner Bros. Worldwide Television Distribution President Jeffrey Schlesinger, Warner Bros Television Group President, Business and Strategy Craig Hunegs, Warner Bros Television Group President and Chief Content Officer Peter Roth and Eyeworks Group Founder and current Chief Executive Officer Reinout Oerlemans.

Founded in The Netherlands by Oerlemans in 2001, Eyeworks is a major international independent producer and distributor of scripted and non-scripted content across a range of genres, including entertainment, drama and film, which airs in more than 150 countries worldwide.

The acquisition of Eyeworks will mark a milestone for Warner Bros International Television Production, led by Warner Bros International Television Production  Head and Executive Vice President Ronald Goes, which was originally formed in 2009 to establish operating production companies.

Warner Bros Entertainment Chief Executive Officer Kevin Tsujihara said: “Our proposed acquisition of Eyeworks' 15 local production companies, represents a significant next step in our strategy, further strengthening Warner Bros' position in global television."  

Hunegs, Schlesinger and Roth added: "This is an important move for the Warner Bros Television Group, as we establish local production companies around the world, each with a mandate to develop original local programming and adapt the output from the studio. We see Eyeworks as a strong complement to our existing US and international production capabilities."

This follows the acquisition in 2010 of Shed Media, a leading production company in the UK, and in 2011, BlazHoffski in The Netherlands and Belgium.

In connection with the transaction, Reinout Oerlemans would move to Los Angeles for his new role in the industry, as Chairman of Eyeworks USA, leading the further expansion of that company in the US. Reinout will step down as CEO of the Eyeworks Group once the acquisition is completed.

Oerlemans said: "For Eyeworks, this is a defining step towards our ongoing objective to be a major player in content production around the globe. I realise this is the end of an era, because I will no longer be the CEO of the Group, after an amazing period of 12.5 years.”

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/29/ashwin.jpg?itok=FjCUd1Wa
Star India reimagines sports business

Star India reimagines sports business

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/29/arnab.jpg?itok=a5H8ZYOV
Times Network gives its POV on Republic TV IPR case

Now, it’s the turn of Bennet Coleman & Co to give its perspective on the civil case it has filed in the Delhi High Court against ARG Outlier Media, the company that runs Republic TV.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/29/bhaubali.jpg?itok=JdvMWerO
Colors to air animated series 'Baahubali: The Lost Legends'

Colors has announced the acquisition of the broadcast satellite rights to the animated series spin-off called, Baahubali: The Lost Legends.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/29/Sun-Tv.jpg?itok=tl1b2slc
Sun TV regains top spot across genres as IPL 10 comes to a close

BENGALURU: As IPL 10 came to a close, the Sun TV Networks' Tamil flagship GEC Sun TV regained its top spot in Broadcast Audience Research Council of India (BARC) weekly list of top 10 channels across genre: All India (U+R): 2+ Individuals in week 20 Saturday, 13 May 2017 to Friday, 19 May 2017.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/27/nadiu.jpg?itok=RyA5CSpc
DD committed to truthful information & wholesome entertainment: Naidu

Information and Broadcasting Minister M Venkaiah Naidu today said yjr Government planned to enhance the reach of Doordarshan FreeDish by distributing Free DD direct-to-home boxes in remote and interior areas of the country through State Governments, especially in the LWE impacted areas.

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/27/V-naidu.jpg?itok=ETtaGQq9
National sports meet to see participation of government and sports persons

NEW DELHI: A day-long Conclave is to inaugurated by Information and Broadcasting Minister M Venkaiah Naidu tomorrow (28 May 2017) to discuss ways in which India can become a sports superpower. Organised by Doordarshan Sports, the meet being held at the Central Production Centre of Doordarshan in...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/27/Sun%20Tv-Story.jpg?itok=vogrMKBD
Sun TV fiscal 2017 numbers grow

BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the year ended 31 March 2017 (FY-17, current year, fiscal) as compared to the previous year (FY-16). Sun TV reported 8.1 percent higher consolidated total income in the current year at Rs 27,...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/27/Untitled-1.jpg?itok=8pFkg8Sb
Shashi Tharoor files defamation case against Arnab Goswami's Republic

NEW DELHI:On Friday, the Delhi High Court gave some relief to Republic TV’s Arnab Goswami in a case of IPR theft filed by Times of India group, but was petitioned by Congress leader and Thiruvanthapuram MP Shashi Tharoor who filed a defamation case against Goswami and his Republic. Tharoor in the...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/27/BARC-03-Story.jpg?itok=4eKFNTjN
English TV news channels to return to BARC fold from midnight 26 May

MUMBAI: There’s another twist in the tale of the story of the ratings of news television channel debutante Republic TV. The five English TV news channel members of the News Broadcasters Association (NBA) of India, which had stripped their signals of Broadcast Audience Research Council’s (BARC’s)...

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories