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New Deal


Announced

Asacha Media to acquire Red Planet Pictures.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United Kingdom

Acquisition

Radio and TV Broadcasters

Domestic

Majority

Pending

Single Bidder

tv production

Private

Synopsis

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Asacha Media to acquire Red Planet Pictures. Red Planet Pictures Executive Chairman Tony Jordan and Joint Managing Directors Belinda Campbell and Alex Jones will become minority shareholders in AMG qith Oaktree Capital. Financial terms were not disclosed. “In Asacha we have found a partner with whom we can further our ambitions in producing high quality, popular drama that resonates on a global stage. Working with Marina and Gaspard, we will benefit from not only a wider network across EMEA and beyond, but also like-minded creatives and the extended AMG family for exciting co-production opportunities. We look forward to exciting times ahead," Belinda Campbell and Alex Jones.

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