You will be redirected back to your article in seconds

Endemol Shine Surprises With Plan to Shrink Southeast Asia Operation

Multinational TV production group Endemol Shine is to shrink its regional office in Singapore, which had been overseeing original production in Southeast Asia. The downsized operation will continue to handle format licensing and sales of finished programming.

The surprise move was announced on the eve of the Singapore Media Festival, an umbrella event spanning film, TV and finance markets, as well as the Singapore International Film Festival. Endemol Shine’s cutback in the city state is expected to be complete by mid-2018., at which point, Fotini Paraskakis, current MD of Endemol Shine Asia, will move to an unspecified new venture.

“With the marketplace becoming ever more global, we plan to play to our strengths by focusing on our long-established production operations around the region as centers of excellence to serve our Asian clients, rather than producing out of Singapore,” Endemol Shine CEO Sophie Turner-Laing said in a memo circulated to staff.

“Going forward, a dedicated regional format sales team based out of Singapore and Mumbai will be supported centrally by [the Endemol Shine] Group and will report to Cathy Payne,” the memo said. As previously announced, Nicola Bamford is now in place as CEO of international operations and will oversee all Endemol Shine business across Asia.

“This new structure will play to Endemol Shine Asia’s principal strengths as the No. 1 formats company in the region, while adopting a more international approach to producing for Asian platforms,” Paraskakis said in a statement.

The move appears to be a shift in the opposite direction of other international TV groups, which have increasingly sought to set up or acquire local and regional production operations in Asia. While justifying the move in terms of globalization, Endemol Shine is leaving in place other Asian hubs in China and a joint venture in India.

The move also comes at a time when the Singapore outpost was doing record volumes of business. Meanwhile, the Chinese office is struggling to sell formats following a regulatory change that discourages foreign shows being acquired or remade in China.

Endemol Shine was founded by Elisabeth Murdoch. It is jointly owned by 21st Century Fox and by American private equity firm Apollo Global Management.

More TV

  • David Schwimmer Starring in New Sky

    David Schwimmer Starring in New Sky Comedy Series ‘Intelligence’

    David Schwimmer will play a power-hungry NSA agent relocated to the U.K. in “Intelligence,” a new six-part comedy series for Sky in the U.K. Schwimmer is best known to U.K. audiences for his role in “Friends,” but was recently in the news after British police posted a video of a suspect thief who bore a [...]

  • Fiona Campbell Named Controller of BBC

    BBC Names Fiona Campbell as New Head of Online Channel BBC Three

    The BBC has named Fiona Campbell the new boss of its youth-skewing online channel, BBC Three, replacing outgoing controller Damian Kavanagh, who is leaving in the new year to run Endemol Shine-owned producer Tiger Aspect. Campbell has been heading up the documentary unit at BBC Studios, the U.K. pubcaster’s production division. She also worked at BBC Three [...]

  • Rüdiger Böss, ProSiebenSat.1's Longtime Hollywood Buyer,

    Rüdiger Böss, ProSiebenSat.1's Longtime Buyer in Hollywood, to Leave the Company

    Rüdiger Böss, who as head buyer for ProSiebenSat.1 negotiated the German broadcast giant’s deals with U.S. studios for many years, is leaving after more than a quarter of a century at the company. Böss is a well-known figure in the international TV business and a familiar face at major events and markets. ProSiebenSat.1 CEO Conrad [...]

  • Rebel Wilson Romantic Comedy

    Rebel Wilson to Star in Australian Drama Series 'Les Norton'

    Rebel Wilson and David Wenham will star in Australian drama series “Les Norton.” Adapted from the novels of Robert G. Barrett, the show is presented by The Australian Broadcasting Corporation and Screen Australia. Set in 1985, the series will follow the exploits of a country bloke from outback Queensland, played by rising star Alexander Bertrand [...]

  • Korea's CJ ENM Acquires Scandinavian Sales

    South Korea's CJ ENM Acquires Scandinavian Sales Company Eccho Rights

    South Korean entertainment powerhouse CJ ENM has acquired a majority stake in Stockholm-based rights-management and sales company Eccho Rights. A leading entertainment and merchandising company in Asia, CJ ENM will give Eccho Rights the resources to expand its global footprint across Europe, the Middle East and Latin America. Eccho Rights has offices in Stockholm, Istanbul, [...]

  • Liz Heldens

    'The Passage' Writer Liz Heldens Inks New Overall Deal at 20th Century Fox TV

    Liz Heldens has signed a new multi-year overall deal with 20th Century Fox Television effective immediately. News of the deal comes ahead of the midseason launch of the Fox series “The Passage,” based on the book trilogy by Justin Cronin on which Heldens is the writer and executive producer. The series focuses on Project NOAH, [...]

More From Our Brands

Access exclusive content