UK superindie Tinopolis is continuing its efforts to become what executive chairman Ron Jones calls “a truly transatlantic operation,” by purchasing U.S. prodco Base Productions.
Following Tinopolis’ acquisition of A. Smith & Co. in late June, the new deal, said to be in the US$75 million range, will see Base maintain its independence as well as its offices in Washington and Los Angeles.
Chief executives Mickey Stern (pictured, left) and John Brenkus (right), who founded the company in 1992, will remain in their roles and will become “significant shareholders” in Tinopolis. Stern will become a member of the parent company’s board and Brenkus will have a seat on Tinopolis Group’s North American board.
Factual productions from Base include Sport Science, Fight Science, Fact or Faked: Paranormal Files and Police POV.
Both companies say the deal will further Tinopolis’ aim to gain more access to leading U.S. factual and cable networks while also giving the American prodco the ability to tap into Tinopolis’ formats, distribution pipeline and production resources.
“We’ve been approached by numerous companies over the years, and none of the offers made sense until now,” said Base co-CEO Brenkus. “Between their UK core, and our new alliance with A. Smith here in the U.S., our combined global reach, quality programming and outstanding management make the Tinopolis Group a true force in the industry.”
“We’ve been growing so rapidly and expanding our international footprint so extensively over the past few years, it’s been increasingly important for Base to shore up global relationships with trusted partners,” added co-CEO Stern.
“We have admired the company built up by John and Mickey for some time,” said Tinopolis’ Jones. “They have established a business based on great creativity and impressive business common sense. Base is a producer trusted and respected throughout the industry and alongside A. Smith & Co we now have a U.S. business with depth and breadth of coverage.”
Other factual prodcos under the Tinopolis umbrella include UK sports prodco Sunset + Vine, Mentorn Media and Pioneer Productions.