Tim Hincks has been named president of the newly merged Endemol-Shine Group-Core Media joint venture.
In the role, Hincks – based in London – will report to CEO Sophie Turner Laing, working with her to develop and grow the creative and strategic direction of the company, with specific responsibility for the U.S. and UK.
“This new joint venture will establish one of the world’s most exciting, diverse and dynamic businesses for creative talent,” said Hincks in a statement. “It will be a place that gives the best people in our industry the freedom to pursue new ideas that they believe in and to take creative risks to realize their ambitions on a global scale.
“I’m thrilled to be working with Sophie, and with the brilliant teams at Shine, Core and Endemol, each of whom have made these great companies what they are today.”
Turner Laing added that Hincks’ “experience and understanding of creative entrepreneurship and talent is first class.”
The news comes after Rupert Murdoch’s 21st Century Fox and Apollo Global Management finalized the merger of the Fox-owned Shine Group with Apollo-controlled Endemol and Core Media Group earlier this month, in a deal that will see Apollo and Fox each receiving a 50% share of the new venture.
A deal had been in the works since May when it was first revealed that the two companies were in talks to proceed with the joint venture. Subsequent months have seen the appointment of former BSkyB MD of content Turner Laing as CEO of the resulting entity, as well as the departure of Core Media Group president and CEO Marc Graboff and the forthcoming exit of Shine founder and chairman Elisabeth Murdoch once the deal closes.
Completion of the transaction remains subject to regulatory clearances and other customary closing conditions, which are expected by the end of the calendar year.