HomeMovies and ShowsBanijay to Acquire ‘MythBusters’ Producer Beyond International –

Banijay to Acquire ‘MythBusters’ Producer Beyond International –

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Production large Banijay has struck a deal to accumulate scripted and non-scripted producer/distributor Beyond International (MythBusters), the corporate stated on Wednesday.

Beyond has been listed on the Australian Securities Exchange since 1987, however will turn out to be a completely owned subsidiary of Banijay and its shares will stop to be publicly traded. Headquartered in Dublin, it operates internationally.

Beyond Productions listed its lately introduced titles as “Back in the Groove, a new dating series for Hulu, produced in partnership with Walt Disney Television Alternative; multi-territory franchise, Love It or List It Australia; the eight-part scripted series Troppo (co-produced with EQ Media) screening on Freevee USA and ABC Australia; and a number of yet-to-be-announced new series in production across a number of markets.”

Banijay stated the deal would complement its current content material catalog of greater than 130,000 hours. Banijay’s mother or father firm is FL Entertainment, which in July grew to become listed on the Euronext Amsterdam inventory change.

“Beyond Rights plays home to more than 8,000 hours of intellectual property,” the corporate highlighted, together with Highway Thru Hell, Heavy Rescue: 401, Massive Engineering Mistakes, Halifax: Retribution, MythBusters and Deadly Women.

Banijay, led by CEO Marco Bassetti, already consists of greater than 120 manufacturing companies throughout 22 territories. Beyond International managing director and CEO Mikael Borglund will stay in his present function.

Said Bassetti: “As content demand continues to soar, catalog remains key, and in acquiring Beyond, we would take our offering up considerably. Primarily bolstering our IP and production portfolio in the English-language and factual space, with Beyond’s complementary content, the deal can enhance our position as a leading go-to for clients and commercial partners alike.”

Added Borglund: “The Beyond board is very much supportive of the deal, which will see us join Banijay’s group, bolstering its standing in what is an increasingly competitive market. Joining a leading global business like this is a very exciting opportunity for us and we look forward to collaborating on newfound opportunities ahead.”

The implementation of a so-called Scheme Implementation Deed for the deal stays topic to sure situations, together with Beyond shareholders’ approval, courtroom approval and “other customary closing conditions.”

The corporations hope the deal will shut on the finish of 2022 or originally of 2023.





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