
Alloy Entertainment, which has been based at Warner Bros TV for a long time, will now officially be part of the Warner Bros family. WBTV parent the Warner Bros Television Group has signed a deal to acquire Alloy from an investor group led by ZelnickMedia, which bought the leading producer of youth-oriented content in November 2010 in connection with the go-private transaction of Alloy Inc. Leslie Morgenstein, who has served as president of Alloy and its predecessor, 17th Street Productions, since 1999, will stay on to run the company within WBTVG. The closing of the transaction is subject to customary conditions and is expected to occur in the third calendar quarter.
WBTVG currently produces and distributes five series co-produced by Alloy: Gossip Girl, The Vampire Diaries, Pretty Little Liars, The Lying Game and the upcoming 666 Park Avenue, all of which started as successful Alloy book franchises aimed at teen girls and young women. In addition, Alloy properties have also been produced for the big screen including Warner Bros Pictures’ two Sisterhood Of The Traveling Pants films and Warner Premiere’s The Clique. In addition to film and television, Alloy is the world’s most successful independent packager of fiction. Alloy Entertainment will continue to collaborate on production and distribution of original digital programming with former sister division, Alloy Digital, which operates a top-ranking media and video network focused on the 12-34 demographic and recently acquired Generate.
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Wow! That is huge!
Does this mean we will see more webosodes of “Dating Rules from my Future Self”?
Focused on the 12-34 demographic – due to the fact, women 34 to 100 do not exist in the world or on tv…..demographic’s are not worth anything, unless you buy media and like commercials…That’s exactly what is wrong with tv…..dont make the video project for demographics, make the product for the entire world…………..
$250 million, I would speculate. Chump change for WBTV at the moment.
This could be an extremely potent deal for WB which isn’t known for it’s ‘studio owned’ IPs that appeal to women.
If they get a solid YA franchise that the film division can exploit this deal will pay for itself many times over.