Shed Media, the UK producer which Time Warner wants for £100 million, has announced a 22% rise in first-half profits to £6.2 million ($4 million). Turnover was also up 27% in the first six months to £59 million. This broke down into £25.5 million from its UK production business, £26.2 million from U.S. production and £7.3 from programmes sales. Chairman Heather Rabbatts singled out the launch of the U.S. version of Who Do You Think You Are? and the continued success of Supernanny in the States as factors behind Shed Media U.S. growth. The Time Warner/Shed Media deal looks set for mid-October.
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By TIM ADLER in London | Tuesday August 31, 2010 @ 3:39am PDTTags: Shed Media, Shed Media Deal, Shed Media Finance, Supernanny, Who Do You Think You Are?
By TIM ADLER in London | Thursday August 5, 2010 @ 5:04am PDTTags: Shed Media, Shed Media Deal, Shed Media Finance, Suppernanny, UK TV, Warner Bros, Warner Bros Shed Media, Warner Shed Deal
By TIM ADLER in London | Friday July 30, 2010 @ 5:50am PDTTags: Deals, RDF Media Group, Shed Media, Shed Media Finance, Supernanny, Time Warner Shed, Warner Shed Deal, Zodiak Entertainment
Paris-based Zodiak has bought an 8% stake in UK independent TV producer Shed Media. Another 2% more and Zodiak could stymie Time Warner, which is trying to buy Shed. Cyrte Investments, the investment company of Endemol-founder John De Mol, sold …