In its second buy into a U.S. production company in less than six months, ITV has acquired a controlling interest in Cake Boss producer High Noon Entertainment. In December Duck Dynasty maker Gurney Productions sold a controlling stake to ITV for $40M. In the High Noon deal, ITV will pay $25.65M upfront for 60% of the company with a further payment in 2015 contingent on High Noon’s performance. In keeping with the way it structures most of its acquisitions deals, ITV also has a put and call option to buy the rest of the company which can be exercised in four-six years.
TLC is going back in the kitchen with Buddy Valastro. The network has ordered a one-hour pilot with the Cake Boss host helping struggling family-owned bakeries find their way. With the working title Bakery Go Time, the show will find Valastro spending a week with the families to get them on track professionally and personally. The High Noon Productions produced show is expected to debut in the summer. Cake Boss is currently in its fifth season on TLC and the Valastro-hosted competition spin-off Next Great Baker is in its third season.
Warner Bros.’ Shed Media Group is restructuring management ranks at its production shingles Ricochet and Shed Media U.S. High Noon Entertainment EVP and Cake Boss exec producer, Pamela Healey, has been named general manager of Shed Media U.S. where she’s been tapped to lead development and production of original unscripted series as well as U.S. format versions of programs from Shed’s British companies. Shed Media U.S.’ current president, Nick Emmerson, will co-manage the company while Healey transitions in. At the same time, he is taking over the CEO role at Supernanny producer Richochet, replacing Nick Powell who is segueing to the post of chief creative officer. Emmerson will focus on growing the business while Powell will be responsible for creating new formats and developing relationships with onscreen talent. Before Emmerson took the top job at Shed U.S. in 2009, he was an executive producer at Ricochet, where he co-created the British version of Supernanny then exec produced the U.S. version for ABC. His other U.S. credits include Bravo’s The Real Housewives Of New York City, Animal Planet’s It’s Me Or The Dog and VH1’s Basketball Wives and Hollywood Exes. Shed Media U.S. was formed in 2009 as the American production arm for Shed Media Group’s UK production companies, which then included Ricochet, Wall to Wall, Twenty Twenty and Shed Productions.
EXCLUSIVE: Ahead of the competition series’ second season finale next Monday, TLC has renewed Cake Boss: Next Great Baker for a second season to premiere later this year. Season to date, the series hosted by Buddy Valastro has averaged 1.7 million viewers. Valastro has emerged as one of TLC’s leading personalities. On Tuesday, he debuts his weekday series for the cable network Kitchen Boss. And his TLC hit Cake Boss returns for Season 4 the following Monday, Jan. 31.
Buddy Valastro, star of TLC’s weekly series Cake Boss and Next Great Baker, is adding a daily cooking show to his plate. TLC announced it is launching Kitchen Boss, a daytime cooking series “that will showcase Buddy’s traditional Italian recipes.” Kitchen Boss, which has received a 40-episode order, will kick off with a sneak peek after the finale of competition series Next Great Baker on Jan. 24 and will start airing in its regular 5:30PM slot the following day. Meanwhile, season four of Cake Boss premieres on Jan. 31.