Execs to leave after Endemol restructures sport business
Editor ©RapidTVNews | 02-02-2012
Entertainment programming leader Endemol is to restructure its international sports business, bringing it under the direct management of the group’s operating companies around the world, at local level.
The move will leave the sports division in line with all other output yet once it is built and d integrated fully into Endemol’s global business, Managing Directors Gregg Oldfield and Lawrence Duffy will leave to pursue new ventures.
Explaining the reasons for the reorganisation, Just Spee, Chief Financial Officer of Endemol Group said: “Endemol’s Sport’s output has grown to a level where we need to bring it in line with how we develop and produce all our other content internationally. This new structure will allow us to continue building our business in this genre whilst delivering the best service to our clients at a local level.”
Endemol’s sports division was launched in January 2009 and projects around the world currently include the Dutch Premier League ‘Eredivisie’ channel in the Netherlands, the English Premier League channels for Abu Dhabi Media in the Middle East, The Guinness Football Challenge Pan Africa, TV7 Sport channel in Kazakhstan and other international media partnerships with sports bodies and football clubs.
In a joint leaving statement, Oldfield and Duffy added: “The re-structuring makes sense and we are leaving behind major, award winning sports channels and format productions in Abu Dhabi, Kazakhstan and Africa, as well as genuinely talented sports teams within The Group. We are hugely grateful for the support of our many sports federation clients and we expect to make a further announcement about our future plans shortly.”