France’s national competition regulator Autorité de la Concurrence has given the go-ahead to Endemol Shine Group to integrate its French businesses under one banner.
Endemol France had previously notified the Autorité of its plans to exclusively acquire control of Shine France, thereby incorporating Endemol Shine France.
Endemol France has previously been responsible for the production and distribution of such series, documentaries and entertainment series such as Secret Story, Money Drop and Les Douze Coups de Midi. Shine France, meanwhile, has developed such localized formats as The Voice, The Voice Kids, The Island and Supernanny.
Endemol Shine co-owner 21st Century Fox also operates networks including National Geographic and NatGeo Wild in the French region. However, the Autorité’s competitive analysis determined that the transaction was not likely to affect further competition.
“The Autorité also considered that any risk of competition being infringed by vertical effects (effects arising when a transaction brings two firms at different levels of the value chain closer together) could be ruled out,” read a statement from the Autorité de la Concurrence.
“In view of the limited positions of the parties, the new entity, which is present on the upstream markets for rights and for the editing of channels, will not be able to block access to television programs for its competitors,” the statement continued. “[Further], because the channels produced by 21st Century Fox are thematic channels offering specialized programs that do not correspond to the programs produced and marketed by Shine France.”
Endemol France president Nicolas Coppermann (pictured) will lead the newly amalgamated company. Shine France president Thierry Lachkar, meanwhile, has decided to depart the company after a seven-year period following Endemol Shine France’s launch later this year.
In February, Shine France CEO Bouchra Réjani also announced her departure from the company ahead of the merger.
“We welcome the decision from the Autorité de la Concurrence,” said a spokesperson for Endemol Shine Groupin a statement.”With this go-ahead we can formally bring together Endemol France and Shine France to form a new creative and dynamic powerhouse as Endemol Shine France under the Leadership of Nicolas Coppermann. We look forward to outlining further details of this in due course.”