Banijay has been among the most independent TV makers in recent years, and it is now said about ITV.
According to FT, the French production and distribution giant entered early talks to buy the UK network. The deal will be either an explicit acquisition or only for ITV, which makes proverbs Love Island and Mr. Bates opposite the post office.
If the deal is embodied as a complete acquisition procedure, FT indicates that Banijay will need to bring in third -party investors.
The value of ITV is currently more than 3 billion pounds (4 billion dollars) after the rise in the stock that followed after it became clear that a studio arm was possible. Many of this value is applied to ITV studios, which some analysts suggest to bring a similar number on its own. This bare places the lack of buyers of value attached to the ITV Network Business, which includes the leading linear channel and ITVX current.
The Banijay All3media competitor was closely linked to ITV, where reports from January indicate that they explored the merging of their production assets. The TF1 collection from France and Malikmola One Partners were rumored as the potential suitor as well.
Banjay, originally formed in 2008, was one of the largest deals in recent years when Endemol Shin Group bought $ 2.2 billion in 2020. This was followed by the 2015 merger of the Banijay Entertainment and Zodiak Media Group, which created works worth more than $ 1 billion. ARM Banijay Entertainment TV is now part of the Banijay collection listed in Eurnext, which includes live events and their business bets at an altitude of 3.6 billion euros.
ITV studios consist of a central production department that makes proverbs Coronation StreetIn addition to a group of production companies such as Competitors Said Amir maker, Love of the UK Island The entertainment company raised and It deceives me once QUAY Street Productions. It also runs the production rules that carry another friendly ITV in 12 other countries, including the United States, where ITV America is one of the most uncomfortable producers in the country.
Banijay refused to comment, while ITV did not respond to the comment at the time of the press.
