Ryan Seacrest Productions (RSP) is becoming a subsidiary of Endemol Shine.
The Keeping Up With The Kardashians and Shah’s of Sunset producer’s unscripted division has struck a strategic partnership with the reality TV giant, the terms of which were not disclosed. The transaction is expected to close in December.
The deal will see RSP join an unscripted production company roster that includes Authentic Entertainment, Original Media, True Entertainment and 51 Minds Entertainment.
“Ryan is not only one of the TV industry’s leading broadcasters, but over the last decade, he has also proven to be one to the top producers of unscripted programming in the world,” said Endemol Shine North America co-chairmen and co-CEOs Cris Abrego and Charlie Corwin in a statatement. “We are thrilled Ryan and his talented team will join our family of award-winning production companies at Endemol Shine, where we can now offer unmatched global distribution and resources.”
“Of all the potential partners, there’s no doubt Endemol Shine is the best fit for our unscripted division, added the RSP founder/chairman (pictured). “This new partnership enables us to retain our brand independence, while also giving us a fantastic opportunity to access international resources, invigorating our storytelling possibilities, and helping us scale the business in a smart way.”
In addition to the Kardashian docu-soap franchise for E! and Bravo’s Shahs of Sunset, the nine-year-old company’s slate includes Becoming Us for ABC Family and I Love Kellie Pickler for CMT.
Jeff Refold will stay on as RSP’s COO/CFO and Eugene Young will continue as president, unscripted programming. The company’s scripted division, which is headed up by Nina Wass, will continue its overall deal with CBS Studios.