Endemol has acquired a majority stake in Kuperman, in a deal which sees the Israeli indie company parting ways with its co-owner Ynon Kreiz (pictured) and rebranding as Endemol Israel.
Kreiz has sold his 50% stake in Kuperman, which he acquired in 2009, for an undisclosed sum, and will exit the company as part of the takeover.
Elad Kuperman, co-owner of Kuperman and an Israeli producer with more than 20 years’ experience creating, producing and commissioning entertainment shows, will lead Endemol Israel as CEO. The newly rebranded company will produce Endemol’s international formats for the Israeli market.
Among the company’s shows reality series The Successor, which has been sold to ProSiebenSat.1 in Germany, SBS6 in The Netherlands and TV2 in Hungary, as well as generating the U.S. version Phenomenon, which aired on NBC and sold to CTV in Canada and Nine Network in Australia.
Kuperman, which was founded in 2005, also produces Endemol’s reality series Big Brother for Keshet, which first launched in 2008 and went on to become one of Israel’s most successful TV shows.
Endemol Group CEO Just Spee said: “With the launch of Endemol Israel we establish a presence in one of the world’s most creative markets. The high volume of innovative formats coming out of the region continues to grow and our ability to deliver this content to our clients around the world makes this an exciting opportunity.
“Kuperman is already Israel’s number one TV producer and our partnership underlines Endemol’s commitment to investing in the very best creativity and talent around the world.”
Elad Kuperman added: “We couldn’t ask for a stronger partner than Endemol. Joining forces will provide us with the expertise, global network and resources to create and exploit world class content whilst also allowing us access to one of the industry’s largest and most valuable portfolios of entertainment IP. Our plan is to pursue significant expansion together.”