Thursday, February 08, 2007

ITV and Endemol?

C21media about some roumors in the format industry:

UK broadcaster ITV is declining to comment on speculation that it is considering a bid for Big Brother producer Endemol. According to UK press reports, ITV is preparing to make an offer for Endemol as its owner, Telefonica, prepares to invite closed bids for the production giant. It is thought that Endemol has been a long-term strategic target for ITV. Endemol senior management are said to be well aware of ITV's interest. However, an ITV spokesman refuted the claims today. "We do not comment on speculation and that is all it is," he insisted. Endemol's founder John de Mol, Endemol France head Stephane Courbit and private equity group Apax are also expected to make bids for the producer. It is thought that bidding could begin as early as next week, when Endemol is expected to hold an EGM.


See more on C21media.net

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