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New Deal


Announced

STV Productions acquired a majority stake in Primal Media.

Synopsis

STV Productions, the television production arm of the STV Group, acquired a majority stake in Primal Media, a television production company. The deal will enable STV Productions to realise full value from Primal Media's current and future programming slate. This includes current comedy series Jerk for BBC3 and two new programmes, both currently in production, for Channel 4. Financial terms were not disclosed. David Mortimer, Managing Director of STV Productions, said: "I am delighted to forge a closer relationship with Primal Media, which complements the strong track record in entertainment we have thanks to the work of Gary Chippington and his team. I've known Adam and Mat for many years and have always thought of them as two of the UK's most talented entertainment producers. I'm looking forward to working on bringing some really ambitious unscripted projects to screen with them and their fantastic team."

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