You will be redirected back to your article in seconds

Entertainment One fields buyer offers

Distrib operates in Canada, the U.K., Benelux, Australia

Just as Entertainment One is starting to make a splash in the U.S., the production-distribution company is fielding acquisition offers.

Entertainment One, which has offices in London, Toronto and Los Angeles, issued a statement Wednesday confirming that it has received acquisition overtures.

EOne said its board “is considering its strategic options, which may include a sale of the company in response to interest it has received from various parties.”

Reports suggest that the interest comes from private equity players. The company has appointed JP Morgan and Credit Suisse as its advisers.

EOne has become more visibile in the U.S. TV landscape in the past few years as a producer or co-producer of series including ABC’s “Rookie Blue,” HBO’s “Hung,” AMC’s upcoming “Hell on Wheels” and NBC’s midseason legal drama “The Firm.”

The company is one of only a handful of indies with the resources to deficit finance projects.

Earlier this month, eOne signaled its intent to bolster its U.S. film presence with the appointment of former Screen Gems exec Benedict Carver as senior veep of film entertainment, based out of its L.A. office.

EOne also has theatrical distribution operations in Canada, the U.K., Benelux and Australia, where it recently acquired Hopscotch.

The company has an output deal through 2015 with Summit Entertainment for the U.K. and Canada under which it distributes the “Twilight” franchise.

It owns and distributes worldwide a substantial library of TV programming, including the preschool show “Peppa Pig,” which airs on Nick Jr. in the U.S.

EOne, founded in Canada, is 39.4% owned by U.K. hedge fund Marwyn, with 47% listed on the stock market. It reported sales of $741 million in the year to March, with adjusted pre-tax profits on continuing operations of $51 million.

More TV

  • Bill CosbyCriminal charges against Bill Cosby

    Bill Cosby Retrial: No Verdict Reached, Jury to Reconvene Thursday

    Just as Entertainment One is starting to make a splash in the U.S., the production-distribution company is fielding acquisition offers. Entertainment One, which has offices in London, Toronto and Los Angeles, issued a statement Wednesday confirming that it has received acquisition overtures. EOne said its board “is considering its strategic options, which may include a […]

  • Fox World Cup Broadcast Team Talks

    Fox World Cup Broadcast Team Looks to Put American Stamp on International Affair

    Just as Entertainment One is starting to make a splash in the U.S., the production-distribution company is fielding acquisition offers. Entertainment One, which has offices in London, Toronto and Los Angeles, issued a statement Wednesday confirming that it has received acquisition overtures. EOne said its board “is considering its strategic options, which may include a […]

  • Dear White People Netflix

    TV News Roundup: Netflix Releases 'Dear White People' Season 2 Trailer (Watch)

    Just as Entertainment One is starting to make a splash in the U.S., the production-distribution company is fielding acquisition offers. Entertainment One, which has offices in London, Toronto and Los Angeles, issued a statement Wednesday confirming that it has received acquisition overtures. EOne said its board “is considering its strategic options, which may include a […]

  • Here and Now Review

    'Here and Now' Canceled by HBO

    Just as Entertainment One is starting to make a splash in the U.S., the production-distribution company is fielding acquisition offers. Entertainment One, which has offices in London, Toronto and Los Angeles, issued a statement Wednesday confirming that it has received acquisition overtures. EOne said its board “is considering its strategic options, which may include a […]

  • 'Queer Eye,' 'Jersey Shore' Creators Reveal

    'Queer Eye,' 'Jersey Shore' Creators Reveal How Unscripted Franchises Were Revived

    Just as Entertainment One is starting to make a splash in the U.S., the production-distribution company is fielding acquisition offers. Entertainment One, which has offices in London, Toronto and Los Angeles, issued a statement Wednesday confirming that it has received acquisition overtures. EOne said its board “is considering its strategic options, which may include a […]

  • Forest Whitaker at the Photocall For

    Forest Whitaker to Star in Epix Drama Series 'Godfather of Harlem'

    Just as Entertainment One is starting to make a splash in the U.S., the production-distribution company is fielding acquisition offers. Entertainment One, which has offices in London, Toronto and Los Angeles, issued a statement Wednesday confirming that it has received acquisition overtures. EOne said its board “is considering its strategic options, which may include a […]

  • Gavel Court Placeholder

    Sharp Entertainment Sets $226,000 Settlement With New York State Over Overtime Pay

    Just as Entertainment One is starting to make a splash in the U.S., the production-distribution company is fielding acquisition offers. Entertainment One, which has offices in London, Toronto and Los Angeles, issued a statement Wednesday confirming that it has received acquisition overtures. EOne said its board “is considering its strategic options, which may include a […]

More From Our Brands

Access exclusive content