Banijay takes over Aussie prodco Screentime
Pascale Paoli-Lebailly | 05-09-2012
Paris-based Banijay Enterrainment, run by Endemol France’s former boss Stéphane Courbit, has taken the majority stakes into Australian production company Screentime.
Founded by Des Monaghan and Bob Campbell in 1996, the company is behind the series Underbelly for Nine network along with formats Popstars for Seven in 2000, Cloudstreet for Foxtel and Crownies for ABC. An updated version of Popstars will be launched at Mipcom next month.
Both founders will continue to run the company in Australia as executive chairman and managing director respectively. Their company will have a better access to formats, as Banijay operates its own international distribution arm which has been resettled last week in London. Banijay International will also represent Screentime’s catalogue.
This deal helps Banijay, which is already in Spain, Germany, the USA, Denmark, Norway, Sweden , Finland and France, to extend to 11 countries including Australia, New Zealand and Ireland, where Screetime owns an affiliate company.