Banijay, a French - Italian global production and distribution company, completed the acquisition of Endemol Shine, a Dutch-based media company that produces and distributed multiplatform entertainment content, for $2.2bn. The company is currently controlled by The Walt Disney Company and funds managed by affiliates of Apollo Global Management. “Endemol Shine brings an incredible array of industry-leading talent, globally-renowned brands and high-quality creative content. Combining the resources of these two companies will instantly strengthen our position in the global market, and our capabilities across genres will further define us as a go-to provider of first class IP worldwide. Welcoming the Endemol Shine brands and talents to our existing business will signal enhanced opportunities in the marketplace, and we are all excited by what the future holds for the combined entity,” Marco Bassetti, Banijay Chief Executive Officer.