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

  • Carrie Coon The Sinner

    'The Sinner' Star Carrie Coon on Playing the Villain: 'I Don't Care About Being Liked'

    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 […]

  • Aretha Franklin Patti LaBelle

    Fox News Mistakenly Uses Patti LaBelle Photo in Aretha Franklin Tribute

    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 […]

  • 'The Alienist' Keeps 2018 Limited-Series Emmy

    'The Alienist' Will Keep 2018 Limited-Series Emmy Nominations Despite Renewal

    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 […]

  • Starz Sets 'Outlander' Season 4 Premiere

    TV News Roundup: Starz Sets 'Outlander' Season 4 Premiere Date

    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 […]

  • Abbi Jacobson

    Abbi Jacobson on 'Disenchantment,' 'Broad City' and Her Most 'Personal' Project Yet

    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 […]

  • Jason Bourne Movie

    'Treadstone,' Drama Set in Jason Bourne Universe, Lands Series Order at USA Network

    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 […]

  • Manchester City Players Attend Premiere of

    Manchester City Players Attend Premiere of Amazon's 'All or Nothing'

    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