Superindies Zodiak Media and Banijay Group are in talks to merge, realscreen can confirm.
First reported by UK trade outlet Broadcast, talks were confirmed by a Banijay spokesperson who said the two companies are currently “in discussions regarding a potential merger.” Realscreen understands that if the deal goes through, Banijay Group would be a majority stakeholder.
A Zodiak Media spokesperson declined to comment.
Zodiak Media – majority-owned by Italian conglomerate De Agostini, which also has a minority stake in Banijay Group – is headquartered in Paris, with offices in London, Los Angeles, Milan, Stockholm and Moscow.
Its roster of UK companies include RDF Television, IWC Media, Touchpaper Television and Red House, while French operations include GTV, Mona Lisa Production and Adventure Line Productions. The company is led by CEO Marc-Antoine d’Halluin.
Meanwhile, Banijay Group, also based in Paris, is similarly global in scale, with U.S. holdings such as Bunim/Murray Productions and Stephen David Entertainment and European group companies including Nordisk Film TV Denmark and Norway as well as France’s Air Productions and H20 Productions, among others. The company does not currently have any UK holdings.
The merger would be the latest in a series of business tie-ups that are global in scale, including the acquisition of All3Media by Discovery Communications; the merger of Endemol, Shine and Core Media Group resulting in the Endemol Shine Group; and ITV Studios’ continuing run of acquisitions, including the recent purchase of global format powerhouse Talpa Media.