All3Media Boss Teases Scripted Label Acquisitions To Come & Says Recent Sales Process Was “Exhausting” — MIPCOM
deadline.comAll3Media is gearing up to splash out in the scripted market now that the £1.15B ($1.5B) RedBird IMI acquisition is complete.
CEO Jane Turton said at MIPCOM that the Fleabag and The Tourists super-indie will likely unveil new label acquisitions or launches over the “next few months or years,” and that these will be in the scripted space.
All3, which has around 40 labels, has been quiet in the acquisitions market of late following a lengthy sales process that ended with Jeff Zucker and Gerry Cardinale’s company RedBird IMI splashing out on the firm.
Turton pointed to the new All3Media-backed label formed by Lupin scribe George Kay as a textbook example of what could be to come. “There’s not a thinning of the herd [in terms of buyers of content] and the herd feels just as numerous as they always did, and it is very competitive,” said Turton. “So you try to do deals, bringing in irresistible talent like George Kay.
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