TV

FremantleMedia fully acquires Blu

FremantleMedia, which has held a majority stake in Blu since 2005, has purchased another 25% stake in the Scandinavian production company Blu, taking its ownership to 100%. Blu is a market leader in Denmark and Sweden, having created hits such as X Factor (Syco), Idols (19/FremantleMedia) and Farmer Wants A Wife. Blu was founded by Henrik Hancke Nielsen, the creator of international TV hits such as The Big Class Reunion and Can You Duet, who is now an executive producer at FremantleMedia North America. 'Blu has gone from strength to strength, and we're delighted to increase our investment in the company, making it a wholly owned part of FremantleMedia,' says Simon Spalding, Regional CEO, Europe & Asia Pacific of FremantleMedia. 'This is a further demonstration of our absolute confidence in Blu's continued ability to bring inspiring entertainment to audiences in Denmark, Sweden and beyond.'
April 21, 2010

FremantleMedia, which has held a majority stake in Blu since 2005, has purchased another 25% stake in the Scandinavian production company Blu, taking its ownership to 100%. Blu is a market leader in Denmark and Sweden, having created hits such as X Factor (Syco), Idols (19/FremantleMedia) and Farmer Wants A Wife. Blu was founded by Henrik Hancke Nielsen, the creator of international TV hits such as The Big Class Reunion and Can You Duet, who is now an executive producer at FremantleMedia North America. ‘Blu has gone from strength to strength, and we’re delighted to increase our investment in the company, making it a wholly owned part of FremantleMedia,’ says Simon Spalding, Regional CEO, Europe & Asia Pacific of FremantleMedia. ‘This is a further demonstration of our absolute confidence in Blu’s continued ability to bring inspiring entertainment to audiences in Denmark, Sweden and beyond.’

About The Author
Meagan Kashty is an associate editor of realscreen, an international print and online magazine that covers the non-fiction film and television industries. Meagan is an award-winning business journalist. Prior to joining the realscreen team, Meagan was online editor of Canadian Grocer, named Magazine of the Year at the 2015 Canadian Business Media Awards. She can be reached at mkashty@brunico.com, and you can follow her on Twitter @MegKashty

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