ITV ‘no interest’ in bidding for Big Brother and Peaky Blinders studio Endemol Shine Group
ITV has ruled itself out of bidding for up-for-sale Dutch production company Endemol Shine.
ITV has issued a denial that it will be bidding for the company
The scripted production house behind the likes of Black Mirror, Peaky Blinders, 8 Out of 10 Cats, Benidorm, Big Brother, Broadchurch, Humans and Masterchef has been the point of speculation over the last few weeks over a potential acquisition form one of the major broadcasters.
All3Media, backed by Liberty Global, and Banijay, a French production company backed by Vivendi, are both still reportedly in the race for the £3bn company.
But formally distancing itself from such reports, ITV today issued a statement saying: "In light of continued press speculation, ITV confirms that it has no current intention of making a bid for Endemol Shine Group."
Endemol Shine is being sold by private equity firm Apollo and 21st Century Fox after making an operating loss of €21m (£18.7m) last year.
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Endemol Shine Group
Endemol is a Dutch-based media company that produced and distributed multiplatform entertainment content. The company annually produced more than 15,000 hours of programming across scripted and non-scripted genres, including drama, reality TV, comedy, game shows, entertainment, factual and children's programming.Find out more
ITV, as an integrated producer broadcaster, creates, owns and distributes high-quality content on multiple platforms. We operate the largest commercial family of channels in the UK and deliver our content through traditional television broadcasting as well as on demand via the ITV Hub.Find out more