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
Daniele Alcinii is a news reporter at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joins the rs team with journalism experience following a stint out west with Sun Media in Edmonton's Capital Region, and communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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