STV Group, a Scotland's home of news, entertainment, and drama, provides audiences with programming on air, online, and on-demand, completed the acquisition of Greenbird Media, an investment business, and a services business operating in the media industry, specifically in the television production sector, for £24m. "Over the last 4 years we have transformed STV Studios' creative and commercial performance, so now feels like the right time to take our next big step towards becoming one of the UK's most successful production groups. I've known and worked with many of the team at Greenbird and their associated companies previously and can't wait to get on with the job of integrating these great production companies into the STV Studios family. Jamie and Stuart have built a brilliant business and they'll bring unrivalled commercial expertise as part of our senior management team. Over the next few years, we will be making some huge television shows for broadcasters and streamers both here in the UK and around the world, so this feels like an exciting new era for STV Studios." David Mortimer, STV Studios Managing Director.