Banijay to acquire Black Mirror producer Endemol Shine Group: Reports

Disney and Apollo were seeking a buyer for Endemol last year

French content producer Banijay Group said it’s buying rival Endemol Shine Group from Walt Disney and Apollo Global Management, creating a giant entity able to compete with the likes of ITV.

Banijay will acquire the Dutch production company behind hit shows like Black Mirror and Peaky Blinders, confirming earlier reports. The buyer is backed by two conglomerates: France’s Vivendi and Italy’s De Agostini. A spokesman for Banijay declined to disclose any financial amount for the whole transaction. Banijay and Endemol Shine had been discussing a valuation of at least $2 billion, people with knowledge of the matter 

told Bloomberg.

Disney and Apollo were