Abu Dhabi – UAE | May 17, 2024 : RedBird IMI, the investment platform focused on global media, entertainment, sports and news properties, announced that it has completed its acquisition of All3Media, one of the world’s leading independent television production and distribution companies, from its joint owners, Warner Bros. Discovery, Inc. (Nasdaq: WBD) and Liberty Global Ltd. (Nasdaq: LBTYA, LBTYB and LBTYK). The deal has been approved by regulators in the United States, United Kingdom and Germany. At £1.15 Billion, this is RedBird IMI’s largest completed transaction to date.
Jeff Zucker, CEO of RedBird IMI, becomes the Chairman of the All3Media board. The current CEO Jane Turton and COO Sara Geater will continue to lead All3Media for RedBird IMI. Redbird IMI is a joint venture between International Media Investments (IMI) and Redbird Capital Partners; and Rani R. Raad, CEO of IMI, will also join the board of All3Media. IMI is a privately-owned investment company with a portfolio of leading media brands with a strong reach across the MENA region and beyond, including Sky News Arabia, The National, CNN Business Arabic, Al-Ain News, and a minority interest in Euronews.
All3Media, based in London, is the UK’s largest independent production company. It has 50 production labels, including Studio Lambert, Raw, Two Brothers Pictures, Silverback Films, New Pictures and Neal Street Productions, producing top global shows such as The Traitors, Squid Game: The Challenge, Gold Rush, Midsomer Murders, American Nightmare, The Circle, Call the Midwife, The Tourist, Life On Our Planet, The Long Shadow and Gogglebox. All3Media’s library spans all genres, including contemporary thrillers, detective series, soap operas, comedy, costume drama and true crime as well as documentary, features, children’s and reality programming. The Group’s companies have global presence, across the UK, US, Germany, the Netherlands, Belgium and New Zealand and produce 4,000 hours annually for linear broadcasters, VOD, social media and other digital platforms. All3Media International operates a distribution catalog of over 30,000 hours, while the Group’s digital business, Little Dot Studios, drives audiences in social video, podcast, and branded content across multiple platforms.
RedBird IMI launched just over a year ago, with the goal of building a global media company across news, entertainment and sports. This is the fifth completed investment for RedBird IMI, and its largest to-date. Its investments include the Los Angeles-based scripted production company Media Res, the unscripted production company EverWonder Studios, the children’s entertainment brand Hidden Pigeon Company and the digital news outlet Front Office Sports. RedBird IMI is focused on investing in premium companies across news, media, entertainment, sports and live event verticals.
About All3Media Group
All3Media’s companies develop and produce award-winning, high quality and popular new and returning programming across all genres. The Group, which has grown from 19 production companies and labels a decade ago to 50 today, is focused on innovation, creative excellence and entertaining audiences with world-class programming, from long-running series through to the launch of new formats, new talent and new business models.