Skip to main content

RedBird IMI Completes Acquisition of Global Production Company All3Media

Written by Customer Service on . Posted in Mergers And Acquisitions.

RedBird IMI’s largest transaction to-date completed following approval from regulators in the United States, United Kingdom and Germany

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) — RedBird IMI, a joint venture investment platform focused on global media, entertainment, sports and news content properties, today announced that it has completed its acquisition of All3Media, one of the world’s leading independent television production and distribution companies, from its joint owners, Warner Bros. Discovery, Inc. (Nasdaq: WBD) and Liberty Global Ltd. (Nasdaq: LBTYA, LBTYB and LBTYK). The deal has been approved by regulators in the United States, United Kingdom and Germany. At £1.15 Billion, this was RedBird IMI’s largest completed transaction to date.

Jeff Zucker, the CEO of RedBird IMI, has become the chairman of the All3Media board. The media company’s CEO Jane Turton and COO Sara Geater will continue to lead All3Media for RedBird IMI.

All3Media, based in London, is the UK’s largest independent production company. It has 50 production labels, including Studio Lambert, Raw, Two Brothers Pictures, Silverback Films, New Pictures and Neal Street Productions, producing top global shows such as The Traitors, Squid Game: The Challenge, Gold Rush, Midsomer Murders, American Nightmare, The Circle, Call the Midwife, The Tourist, Life On Our Planet, The Long Shadow and Gogglebox. All3Media’s library spans all genres, including contemporary thrillers, detective series, soap operas, comedy, costume drama and true crime as well as documentary, features, children’s and reality programming. The Group’s companies have global presence, across the UK, US, Germany, the Netherlands, Belgium and New Zealand and produce 4,000 hours annually for linear broadcasters, VOD, social media and other digital platforms. All3Media International operates a distribution catalog of over 30,000 hours, while the Group’s digital business, Little Dot Studios, drives audiences in social video, podcast, and branded content across multiple platforms.

RedBird IMI launched just over a year ago, with the goal of building a global media company across news, entertainment and sports. This is the fifth completed investment for RedBird IMI, and its largest to-date. Its investments include the Los Angeles-based scripted production company Media Res, the unscripted production company EverWonder Studios, the children’s entertainment company Hidden Pigeon Company and the digital news outlet Front Office Sports.

Advisors
RedBird Advisors acted as financial advisor to RedBird IMI and RedBird Capital Partners, and Gibson, Dunn & Crutcher LLP acted as its legal advisor. JP Morgan acted as financial advisor to Warner Bros. Discovery and Liberty Global, and DLA Piper acted as their legal advisor.

About RedBird IMI
RedBird IMI is a joint venture between RedBird Capital Partners, a New York based private-equity firm founded and led by Gerry Cardinale, and International Media Investments (IMI), a global media company based in Abu Dhabi. RedBird IMI is focused on investing in premier companies across news, media, entertainment, sports and live event verticals.

About RedBird Capital Partners
RedBird Capital Partners is a private investment firm that builds high-growth companies with strategic capital solutions to founders and entrepreneurs. The firm currently manages approximately $10 billion in assets on behalf of a global group of blue chip institutional and family office investors. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on three core industry verticals – Sports, Media & Entertainment, and Financial Services. Throughout his 30-year investment career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic growth companies in their respective industries. For more information, please go to www.redbirdcap.com.

About All3Media Group
All3Media’s companies develop and produce award-winning, high quality and popular new and returning programming across all genres. The Group, which has grown from 19 production companies and labels a decade ago to 50 today, is focused on innovation, creative excellence and entertaining audiences with world-class programming, from long-running series through to the launch of new formats, new talent and new business models. All3media.com

Contacts:
Risa Heller
Risa Heller Communications
Risa@risaheller.com
917.647.9187

Carly Holden
Risa Heller Communications
carly@risaheller.com
617.429.1730

Dan Gagnier
Gagnier Communications
redbird@gagnierfc.com
646.569.5897

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.