Banijay Set To Acquire ‘Mythbusters’ Firm Beyond International

banijay Is set to acquire Beyond International of Australia.

elder brother And master Chef The firm has described as a scheme implementation deed to buy Beyond, which has been listed on the Australian Securities Exchange since 1987.

Once the deal is closed, Dublin-headquartered Beyond will cease to be publicly traded and become a wholly owned subsidiary of Banijs. Financial details were not disclosed.

For the international TV community, the deal will likely be the talk of Mipcom later this month and represents France-based Banijay’s biggest M&A move since it closed its deal to acquire Endemol Shine Group in 2020. . Prior to this, it had merged with Zodiac Media. in 2016.

Banij himself is now part of FL Entertainment, which Formed in July this year and is listed on Euronext Amsterdam through an agreement with SPAC Investment Group.

Michael Borglund, Managing Director and CEO of Beyond International, remains in office following the announcement.

“The Beyond Board is very supportive of the deal, which will see us join Banijay’s group, cementing our position in an increasingly competitive market,” he said. “It is a very exciting opportunity for us to be involved in such a major global business and we look forward to collaborating on new opportunities ahead.”

Shows like Beyond is Back Mythbusters, My Lottery Dream Home, Pooch Perfect, love it or list it australia, troppo And Halifax Vengeance, It has been the buyer itself in the past, Capturing assets of rival distributor TCB Media Rights in April 2020.

Both Banijay and Beyond are well established in production and distribution, with Banijay having a library of over 130,000 hours and Beyond Rights, the sales arm of Beyond, with 8,000 more, including highway thru hello, Heavy hedge: 401, massive engineering mistakes, Halifax: Vengeance, Mythbusters And deadly woman,

Meanwhile, Beyond’s production arm is behind back in the drain, a new dating series for Hulu produced in partnership with Walt Disney Television Alternative; property franchise love it or List It Australia; eight-part scripted series troppo It is co-produced with EQ Media and is going out through Freevy in the US and ABC in Australia; and several soon-to-be-announced series that are in production in multiple markets.

“As the demand for content continues to grow, the catalog remains important, and in achieving Beyond, we will significantly expand our offering,” said Banijay CEO Marco Bassetti. “With the supplemental content of Beyond, primarily strengthening our IP and production portfolio in the English-language and factual space, this deal enhances our position as a leading go-to for customers and commercial partners alike. could.”

The deal is subject to certain conditions, including court approval and other customary closing conditions, beyond shareholders’ approval. Banijay expects it to close in late 2022 or early 2023.

Bunij is being advised on the transaction by Corse Chambers Westgarth.