Alec Gores Makes Unsolicited Offer To Buy ‘Idol’ Owner CKX

By THE DEADLINE TEAM | Friday April 1, 2011 @ 10:18am PDT

Alec Gores, who was part of a group that made an unsuccessful bid for Miramax, has his eye on another media biggie: CKX Inc, which owns most of American Idol. Bloomberg is reporting today that the unsolicited offer came March 23 but had no other details. CKX had been on the block to sell but withdrew those plans five months ago. The company, which owns two-thirds of Idol with FremantleMedia, reported a $15.7M loss and a 17% drop in revenue earlier this month, mostly owing to the winding-up costs of shrinking Idol creator Simon Fuller’s 19 Entertainment.

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‘American Idol’ Owner Reports $16M Loss

By TIM ADLER in London | Thursday March 10, 2011 @ 7:21am PST

Fox may be pinching itself that American Idol is doing so well in the ratings, but its owner CKX is feeling the pain. Los Angeles-based CKX has reported a $15.7 million loss last year, compared to a $22.8 … Read More »

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Geffen Coulda (Shoulda) Been ‘Idol’ Judge

EXCLUSIVE: Fox, Fremantle, and 19 Entertainment are locking in their American Idol judges with each passing day. But I’ve learned that the show really wanted but didn’t snag the best judge possible — David Geffen. My sources say that, about 4 months ago, … Read More »

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Universal Music & ‘Idol’ Enter Long Pact

Los Angeles, CA — 19 Entertainment and Simon Fuller, creator of ‘American Idol,’ television’s biggest entertainment program for the last nine seasons and one of the most globally recognized entertainment brands, and Universal Music Group (UMG), the

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Nigel Lythgoe Returns to ‘Idol’ As EP

Nellie Andreeva

He was the first major member of the American idol team to depart the show. Now former executive producer Nigel Lythgoe is finalizing a deal to return for the upcoming 10th season as the top-rated reality series is looking to … Read More »

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