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Endemol, the world’s largest independent production company, today announced that Group President Marco Bassetti has decided to step down from the company.
Sir Charles Allen, commenting on behalf of the Board, said: “We’d like to pay tribute to Marco, who joined the Group in 1997 and has made a significant contribution from both a leadership and creative perspective. He has held various roles including Chief Operating Officer, Group President and most recently interim CEO alongside Just Spee and on behalf of the Board we would like to thank him for the role he has played in the company’s success.”
Marco Bassetti comments: “With Endemol’s capital restructuring in the final stages of completion now feels like the right time for me to move on. I am leaving behind a great company, run by exceptional talent and in sound creative, operational and financial shape. It has been a great pleasure to work here.” READ MORE »
Endemol Group President Marco Bassetti Steps Down After 15 Years At Company
Mediaset Exits Endemol With Debt Sale
Italian broadcaster Mediaset has sold 6% of senior debt in Big Brother producer Endemol. The amount equals the total of its remaining stake in the Dutch TV giant. In a brief statement, Silvio Berlusconi-controlled Mediaset announced it had sold the … Read More »
Al Jazeera Hires Former Endemol, Reed Midem Exec Paul Johnson
Al Jazeera Media Network has appointed former Reed Midem and Endemol executive Paul Johnson as executive director marketing and distribution. The company said Johnson will oversee the expansion of Al Jazeera’s global footprint and brand, working closely with all … Read More »
Endemol Netherlands Names Laurens Drillich Managing Director
Endemol, a world leader in entertainment programming, today announced that Laurens Drillich is to become Managing Director of Endemol Netherlands Media Group.
Drillich, who is currently Creative Director of the Amsterdam based producer, will take over the position from Peter Adrichem when the latter steps down on July 31st 2012.
Australia’s Southern Star Names TV Industry Vet Janeen Faithfull To CEO Post
Endemol owned Southern Star, one of Australia’s largest independent production companies, today announced that it has appointed Janeen Faithfull as Chief Executive Officer.
Janeen is a leading executive with 28 years international experience in television industry including 15 years at Australia’s Seven Network. She is currently Head of Content & Rights Management at Seven, responsible for the exploitation of IP across all platforms, domestically and internationally.
Endemol Reaches Agreements With Majority Of Lenders On Restructure
Big Brother producer Endemol has announced a “significant step” towards financial restructuring. The Dutch TV giant was given an extension to restructure its $3.7 billion debt in December and today says agreements in principle have been reached with two-thrids of lenders. Late last year, Time Warner made an unsolicited $1.4 billion bid for the company, but Endemol put the offer on hold. Endemol spokesman Charlie Gardner tells me the focus for now is on a successful restructure and that Endemol has “a bright future as an independent company.” Still, it would not be surprising if suitors start sniffing around again once the debt issue is sorted. The official Endemol press release is below:
Endemol Group, a world leader in entertainment programming, announced today that its discussions with the Group’s lenders have reached an important milestone. A significant majority, representing more than two-thirds of lenders, have reached agreement in principle regarding a restructuring of the Group’s capital structure.
In the coming weeks, the Company and its lenders will continue discussions and work towards finalising documents for the legal implementation of a successful restructuring.
ABC Cancels ‘Extreme Makeover: Home Edition’ As Regular Series, Will Air Specials
ABC has canceled long-running reality series Extreme Makeover: Home Edition. The feel-good/tearjerker series will end its nine-season run with two episodes on January 6 and January 13, including the show’s 200th, in which the team builds 7 homes in 7 … Read More »
Endemol Said Granted Extension On Debt Restructure
Big Brother producer Endemol has been witnessing its own reality story unfold on the global stage over the past several weeks. Today, the company’s creditors are said to have given the Dutch TV giant an extension after it failed … Read More »
Time Warner Refines $1.4B Bid For Endemol
The amount is the same as Time Warner’s previous offer for the reality TV producer. But the entertainment giant now tells Endemol that it’s willing to pay all cash — not a combination of cash and debt — if the company … Read More »
Berlusconi’s Mediaset Co-Bids For Endemol
Just days after Silvio Berlusconi left Italian politics, he’s already on the 
hunt for Big Media. Berlusconi’s Mediaset and Italian private equity firm Clessidra have entered a joint bid for Dutch reality TV giant Endemol. “We have presented our … Read More »
Endemol Puts Time Warner’s $1.4B Offer On Hold Pending Debt-For-Equity Swap
The creditors of Endemol — the Dutch reality TV company whose series include Big Brother – are hoping that they can elicit a higher bid following a restructuring. They’ve set a December 13 deadline for a planned debt-for-equity swap designed … Read More »
Global Showbiz: Australia, Poland, Thailand
Gena Rowlands Barred From Australian Movie
Gena Rowlands has been bumped from the Australian film Last Dance because of restrictions on casting of foreign talent, the Australian reports. The 81-year-old actress was to have played a Holocaust survivor of German and Jewish … Read More »
Media Mogul Berlusconi Resigns As Italy PM
Silvio Berlusconi’s rivals in the media industry for years have accused him of massive conflicts of interest running the government that regulates Italy’s media industry, of which he is such a big part. Lawsuits, scandals, and plenty of brash talk … Read More »
Time Warner’s $1.3B Bid For Endemol Shows How Much Rupe Overpaid For Shine
Time Warner Makes $1.4B Offer For Endemol
One insider familiar with the negotiations describes Time Warner’s bid for the debt-laden Dutch TV company as “rock bottom.” I’m told Endemol’s owners consider the Time Warner bid “ridiculously low.” It comes to … Read More »
Time Warner Makes $1.4B Offer For Endemol
Time Warner has made an offer to buy Dutch reality TV powerhouse Endemol for $1.4 billion, a deal that would help the Big Brother producer reorganize its sizable debt. It’s a company that is attractive to TW because unscripted reality … Read More »
MIPCOM Briefs: ITV Sells NBC’s ‘Prime Suspect’ To 30 Territories; Overseas Buyers Get ‘Happily Divorced’
The international TV market got underway in Cannes this morning with a flurry of announcements. Here are a few titbits:
– ITV Studios Global Entertainment, the TV distribution arm of the Brit broadcaster, has sold the new NBC version of Prime Suspect to over 30 territories 
worldwide. This is despite the show teetering on the verge of cancellation in the U.S. ITV, which co-produced the remake with Universal Media Studios, has licensed the Maria Bello vehicle to broadcasters including Nine (Australia), TVNZ (New Zealand) and TV3 (Ireland). Prime Suspect drew an underwhelming 1.5 18-49 rating in its second week on NBC. My colleague Nellie Andreeva reports that NBC’s chief Bob Greenblatt is willing to give the struggling show, which got mostly positive reviews, a bit more time.
– Meanwhile Shine International, the TV distribution arm of News Corp’s Shine Group, has licensed more than 200 hours of programming to Discovery Networks Latin America/US Hispanic. It’s the biggest commission Shine has brokered with DLA/USH to date, and includes cooking competition show MasterChef, game show The Biggest Loser, and unscripted format One Born Every Minute. Read More »
Global Showbiz: Japan, Mexico, Russia, UK
Hulu Offering Miramax Films In Japan
Miramax has signed a multi-year deal to stream its films on Hulu in Japan. The studio also said it plans to expand to other Asian markets and has its eye on 
other television and digital platforms in Asia. Under the agreement, Miramax films are already available through Hulu in Japan via Blu-ray and game consoles, Internet-enabled TVs, tablets and smartphones. Financial terms of the deal were not released. The titles available to Japanese subscribers include There Will Be Blood, Pulp Fiction, Chocolat and Spy Kids. The deal comes less than a month after the subscription service debuted in Japan. Earlier this month, Miramax signed digital streaming deals in Latin America, UK, and Turkey.
Mexican Rom Com ‘Labios Rojos’ Gets Release Date
Lionsgate and Pantelion Films are rolling out Mexican romantic comedy Labios Rojos on Oct. 14 in limited release. The romantic comedy, written and directed by Rafa Lara, tells the story of a happily married couple (Jorge Salinas and Silvia Navarro) who face sudden problems in the bedroom. Individually, they resort to desperate and absurd measures to try to rekindle their romantic life. Read More »
UK’s Top TV Talent Agent: ‘We’re Failing To Make Enough TV That Really Matters’
One of the UK’s most powerful talent agents has blasted British TV as an institution that’s run by “clever people making clever rubbish.” Peter Bennett-Jones, founder of Endemol-owned Tiger Aspect (Mr Bean, Billy Elliot), said last night at the annual BAFTA TV Lecture … Read More »
Global Showbiz Briefs: UK, Australia, France
Report: ITV Crafting Full Takeover Of Debt-Ridden Endemol
Commercial broadcaster ITV is reportedly seeking full control of Dutch giant Endemol if it buys the production company behind Big Brother. ITV is constructing a deal to acquire Endemol by taking on its $2B … Read More »
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