Banijay Group and All3Media have completed a merger, creating a leading global independent production powerhouse headquartered in London with operations spanning 25 territories.

The London HQ reinforces a centralized hub for global operations across scripted, non-scripted, sport, digital, and live experiences, aligning with All3Media’s prior base.

The strategy emphasizes more direct-to-consumer opportunities, expanded FAST channel distribution, and leveraging thousands of live events from 2025 to accelerate growth and talent development.

The merged entity forms an $8 billion production and distribution giant, positioning London as its base of operations.

Day-to-day operations for producers and staff will remain autonomous, with plans to expand opportunities for talent and producers by leveraging the catalog of IPs like The Traitors, MasterChef, and Big Brother to secure volume-based revenue deals.

Banijay Group shareholders will receive an exceptional dividend of €0.93 per share in the coming weeks following the transaction.

The deal envisions €50 million of synergies to be reinvested into creative development, while Banijay Rights remains the distribution arm and autonomy for existing prodcos and talent is expanded.

Distribution will consolidate under a single Banijay Rights entity, with management decisions to be determined to maximize reach and monetization of the vast IP catalog.

Leadership signals scale and openness to further M&A, with potential targets such as ITV Studios, and readiness to operate the combined group from Day One.

The deal includes a total cash upstream of €801 million to Banijay Group, sourced from €625 million from RedBird IMI and a €176 million pre-closing dividend, alongside the €0.93 per-share distribution.

The press release notes forward-looking statements and pro forma financials based on assumptions, clarifying these figures are informational and not audited.

Key leaders emphasize a new era for independent leadership and growth through collaboration and franchising, with a focus on creative output and distribution.