Sophie Turner Laing, the CEO of Endemol Shine Group, is stepping down from her role following the takeover by Banijay which received anti-trust clearance from the European Commission earlier this week. The combined group will be led by Marco Bassetti, the CEO of Banijay Group. Turner Laing’s final day will be July 10. “This deal bookmarks a creatively rich, commercially successful and relentlessly prolific five and a half years as Endemol Shine Group. It has been a real privilege and...
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Joining Endemol Shine after it was formed by the three-way merger of Endemol, Shine and Core Media in 2014, Turner Laing integrated it quickly, even as executives departed and some industry insiders predicted failure. Encompassing 120 production companies in more than 20 territories, it’s been likened to a “flotilla of different-size ships going in the same direction but quite independent.” As fleet admiral, she presided over some 700 productions across 270 channels last year, with hits including “MasterChef,” “Big Brother” and “Peaky Blinders.” She received an International Emmy Directorate and an OBE for her services in media. An anticipated sale of Endemol Shine came to fruition in 2019, with France-based Banijay Group set to acquire it for $2.2 billion.