People/Biz

Banijay still eyeing Endemol Shine Group purchase: reports

Speculation has reignited surrounding the possible sale of Amsterdam-headquartered global producer-distributor Endemol Shine Group (ESG), with new reports suggesting Paris-headquartered Banijay Group remains the lead potential buyer. Banijay was rumored to be considering ...
February 22, 2019

Speculation has reignited surrounding the possible sale of Amsterdam-headquartered global producer-distributor Endemol Shine Group (ESG), with new reports suggesting Paris-headquartered Banijay Group remains the lead potential buyer.

Banijay was rumored to be considering the purchase last October, after UK-basedITV announced it was ruling out a bid. At the time, Hollywood entertainment powerhouse Endeavor was also said to be in the running to scoop up ESG.

According to reports, the sale was suspended in November, but discussions have since resumed this month.

Banijay Group CEO Marco Bassetti (pictured) has deep ties with Endemol, having served as COO, group president, interim CEO, as well as founding executive of Endemol Italy prior to coming to Banijay in 2013. Bassetti`s brother, Paolo Bassetti served as Endemol Shine Italy`s CEO and chairman and served as a member of ESG`s international board. Paolo Bassetti was recently appointed to the CEO position for Banijay’s Italian division. Finally, Banijay Group founder and chairman Stéphane Courbit also served as president of Endemol France, following Endemol’s acquisition of his Arthur Stéphane Productions in the late 1990s.

Realscreen has confirmed that talks of a sale have resumed between Banijay and ESG.

(With files from Barry Walsh)

About The Author
Daniele Alcinii is a news editor at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joined the RS team in 2015 with experience in journalism following a stint out west with Sun Media in Edmonton's Capital Region, and with communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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