Banijay Takes Full Control Of Endemol Shine India

deadline.com:

Banijay has taken full control of Endemol Shine India. The move sees the Big Brother and MasterChef indie giant buying out CA Media’s 49% shareholding in Endemol Shine India for an undisclosed amount.

Banijay Asia CEO Deepak Dhar takes on the same role at Endemol Shine India, with the fate of former Chief Exec Rishi Negi not immediately clear at press time.

Banijay Asia and Endemol Shine India will effectively become much closer and sit alongside each other under Dhar’s purview. Dhar previously led Endemol’s Indian business between 2005 and 2018, before becoming the founder of Banijay Asia as a joint venture with Banijay.

He now oversees the wider group’s content strategies, partnerships, new business and alliances. CA Media had owned 49% of Endemol Shine India since 2012.