×
You will be redirected back to your article in seconds

Endemol Shine Sale to Be Completed Within Weeks, Top Exec Says

Peter Salmon, the chief creative officer of Endemol Shine, said Tuesday that he expects the sale of the production and distribution powerhouse to be completed within the next several weeks.

“It’ll be in a month or two,” Salmon told attendees at the Royal Television Society’s annual conference in London. But he declined to be drawn on who the successful buyer would likely be, just as ITV CEO Carolyn McCall, on the same stage earlier, refused to address reports that her company was in the running.

Endemol Shine has spent the summer promoting itself and opening its books to potential buyers, with the field of serious suitors narrowing in recent weeks. Rumored to be interested are ITV, Sony, Lionsgate and All3Media, among others. While the potential sale continues to generate gossip within the industry, Salmon said that day-to-day operations at the company behind Emmy-winning “Black Mirror,” “Big Brother” and “MasterChef” continued as normal.

“We’re working around the clock at the moment on some of this stuff….A few of us at the center worry about it,” but the rank and file do not, Salmon said.

Sharing the stage with Salmon and addressing the conference’s theme of consolidation (“Is Bigger Better?”), Jeff Wachtel, president of NBCUniversal International Studios, said his company was aiming to expand further through acquisitions. Already the owner of television producers Carnival Films (“Downton Abbey”) and Working Title, NBCUniversal is looking at acquisition targets outside the English-speaking world.

“You can’t be global unless you’re local everywhere,” Wachtel said. “So we’re going to be growing through acquisition.”

He declined to comment on parent company Comcast’s bidding war with 21st Century Fox over European pay-TV heavyweight Sky, saying only that “it’s a very exciting company.” The battle for Sky looks increasingly likely to be decided soon by auction after months of offers and counteroffers by Fox and Comcast.

More TV

  • Disney Channel Fires 'Andi Mack' Actor

    Disney Channel Fires 'Andi Mack' Actor Arrested for Plotting Sex With Minor

    Disney Channel has severed ties with “Andi Mack” actor Stoney Westmoreland following his arrest for allegedly trying to arrange a sexual encounter with a 13-year-old. “Stoney Westmoreland, an actor working on the series ‘Andi Mack,’ was arrested in Salt Lake City today,” a Disney Channel spokesperson said in a statement Friday. “Given the nature of [...]

  • Russian Doll

    TV News Roundup: Natasha Lyonne's 'Russian Doll' Sets Netflix Premiere Date

    On Friday’s roundup, Netflix announces the premiere date for “Russian Doll” and Benedict Cumberbatch’s “Brexit” film has a premiere date on HBO FIRST LOOKS Showtime has released a new teaser for the upcoming comedy series, “Black Monday,” which will premiere Sunday, Jan. 20 at 10 p.m. ET/PT. The series stars and is executive produced by Don [...]

  • Vanity Fair Review

    TV Review: 'Vanity Fair'

    There’s something comforting about the predictability of a period piece novel adaptation in the Masterpiece Theater tradition. Knowing the story, or even just the rhythms of the genre, there are rarely many surprises. The women will toss off witticisms and cry careful, pretty tears; the men will steel their jaws and declare their love, ideally [...]

  • FILE - In this April 5,

    CBS Claims Commitment to Ending Harassment. Its Actions Say Otherwise (Column)

    At this point, a new breaking sexual harassment case at CBS isn’t exactly a surprise. Over and over again, powerful CBS company men from producers to executives to the ex-CEO himself have made headlines for propagating decades of harassment and abuse, with dozens of witnesses affirming that the pattern was business as usual. But as [...]

  • Willow ShieldsVariety Portrait Studio, Beautycon Festival

    'Hunger Games' Alum Willow Shields Joins Netflix Drama Series 'Spinning Out'

    Willow Shields has been cast in a series regular role in “Spinning Out,” the upcoming ice skating drama series at Netflix. She joins a cast that also includes Kaya Scodelario, who was announced as the series lead on Thursday, taking over the role originally held by Emma Roberts. Shields will star as Serena, Kat Baker’s (Scodelario) [...]

  • Adam Levine Cardi B

    Maroon 5 and How the Super Bowl Halftime Show Became Music's Least Wanted Gig

    Who would have thought that the Super Bowl Halftime show, an American institution watched by more than 100 million people, would become the least wanted gig in music? But thanks to the ongoing controversy concerning the NFL’s stance on a player’s right to protest, brought to the forefront by football’s top conscientious objector Colin Kaepernick, [...]

More From Our Brands

Access exclusive content