Ex-ITV exex bid for Chrysalis TV

Company made $139 mil in revs last year

LONDON — Three top former ITV executives have made a bid for Chrysalis Television group, one of the largest indie producers in the U.K.

David Liddiment, former programming chief at U.K. commercial web ITV, Steve Morrison, former chief executive of Granada and Jules Burns, former managing director of operations at Granada are behind the offer, which is said to value the company at £48 million ($75 million). An unnamed venture capital group is backing the bid.

Chrysalis is involved in radio, TV and publishing and has been looking for a buyer for its TV business for some time. The division, which comprises several indie producers including Bentley Prods., Chrysalis Television and Cactus, produced 570.5 hours of television in 2002, 37% of which were new commissions. It also has operations in Australia and the Netherlands.

Company generated $139 million in revenue last year, 37% of the group’s total thanks to leading program brands such as “Midsomer Murders” and “Ultimate Force” for ITV and “Richard and Judy” for Channel 4.

Deal is expected to be finalized in mid-June once the two sides have agreed on a final price.

More TV

  • Good Place, Jack Ryan, Castle Rock

    Comic-Con TV Activations: From 'Jack Ryan' to 'The Good Place'

    LONDON — Three top former ITV executives have made a bid for Chrysalis Television group, one of the largest indie producers in the U.K. David Liddiment, former programming chief at U.K. commercial web ITV, Steve Morrison, former chief executive of Granada and Jules Burns, former managing director of operations at Granada are behind the offer, […]

  • ‘Marcella’ Producer Lands TV Rights to

    ‘Marcella’ Producer Lands TV Rights to Hot Novel ‘The Doll Factory’ (EXCLUSIVE)

    LONDON — Three top former ITV executives have made a bid for Chrysalis Television group, one of the largest indie producers in the U.K. David Liddiment, former programming chief at U.K. commercial web ITV, Steve Morrison, former chief executive of Granada and Jules Burns, former managing director of operations at Granada are behind the offer, […]

  • LeBron James Fans toss confetti to

    NBA's Media All-Stars: The Athletes Making Moves in Hollywood

    LONDON — Three top former ITV executives have made a bid for Chrysalis Television group, one of the largest indie producers in the U.K. David Liddiment, former programming chief at U.K. commercial web ITV, Steve Morrison, former chief executive of Granada and Jules Burns, former managing director of operations at Granada are behind the offer, […]

  • RightsTrade Signs Deal With Lionsgate for

    RightsTrade Signs Deal With Lionsgate for TV Programming (EXCLUSIVE)

    LONDON — Three top former ITV executives have made a bid for Chrysalis Television group, one of the largest indie producers in the U.K. David Liddiment, former programming chief at U.K. commercial web ITV, Steve Morrison, former chief executive of Granada and Jules Burns, former managing director of operations at Granada are behind the offer, […]

  • Sinclair

    Sinclair Revises Divestiture Plan to Save Tribune Merger, Denies Misleading FCC

    LONDON — Three top former ITV executives have made a bid for Chrysalis Television group, one of the largest indie producers in the U.K. David Liddiment, former programming chief at U.K. commercial web ITV, Steve Morrison, former chief executive of Granada and Jules Burns, former managing director of operations at Granada are behind the offer, […]

  • 'The Crown': First Look at Helena

    'The Crown': Netflix Releases First Look at Helena Bonham Carter as Princess Margaret

    LONDON — Three top former ITV executives have made a bid for Chrysalis Television group, one of the largest indie producers in the U.K. David Liddiment, former programming chief at U.K. commercial web ITV, Steve Morrison, former chief executive of Granada and Jules Burns, former managing director of operations at Granada are behind the offer, […]

  • 'Saturday Night Live' China Version Yanked

    Chinese Version of 'Saturday Night Live' Yanked From Youku

    LONDON — Three top former ITV executives have made a bid for Chrysalis Television group, one of the largest indie producers in the U.K. David Liddiment, former programming chief at U.K. commercial web ITV, Steve Morrison, former chief executive of Granada and Jules Burns, former managing director of operations at Granada are behind the offer, […]

More From Our Brands

Access exclusive content