Fiction
Keith Le Goy named chairman of Sony Pictures Television
MUMBAI: Sony Pictures Entertainment (SPE) has announced the promotion of Keith Le Goy to chairman of Sony Pictures Television (SPT). In his expanded role, Le Goy will oversee all domestic and international television production, including the game show division and Game Show Network (GSN). He will continue to report directly to Ravi Ahuja, who was appointed president and CEO of SPE earlier this month.
Le Goy previously led the studio’s combined television and home entertainment distribution and marketing divisions, in addition to overseeing SPE’s cable networks in Latin America and Europe. His tenure has been marked by notable achievements, such as securing landmark distribution deals for Seinfeld and major film output agreements with Netflix and Disney in the United States.
Under his leadership, SPE achieved record-breaking global revenue for its digital home entertainment business in 2024, while its anime streaming service Crunchyroll reached 15 million paying subscribers. Le Goy also spearheaded the launch of innovative projects like SPE’s in-car entertainment service, Ridevu, and the Sony Pictures Core app for PS5 and PS4 consoles.
Commenting on the appointment, Ravi Ahuja said: “Keith has a remarkable track record at SPE, excelling in both distribution and the businesses he has led. He is strategic, growth-focused, and an outstanding colleague. I look forward to collaborating with him in this new role.”
Le Goy expressed his enthusiasm for the promotion, stating: “It is a privilege to lead the television group at such a transformative time for the industry. With Ravi’s support and our incredible teams, SPT is well positioned to build on its rich legacy in this dynamic marketplace. I am energised by the opportunities ahead.”
Le Goy joined Sony in 1999 after serving as vice president of sales for Europe at Disney. Throughout his career, he has championed innovative distribution models, emphasised local-language productions in Latin America, and played a key role in expanding SPE’s global footprint.
Sony Pictures Television is behind some of the world’s most popular programmes, including Wheel of Fortune, Jeopardy!, The Boys, Cobra Kai, The Last of Us, Outlander, Shark Tank, 90-Day Fiancé, and Twisted Metal. The division’s diverse portfolio continues to cement its position as a leader in premium entertainment.
Fiction
Banijay merges with All3Media in $6.65 billion deal
Marco Bassetti will lead the combined company as CEO
PARIS: Six years after acquiring Endemol Shine at the height of the pandemic, Banijay has struck again. The European production heavyweight is merging with All3Media in a deal that will create a television titan with $6.65 billion in revenue and redraw the contours of a fast-consolidating market.
The combined company will trade under the Banijay name and be owned 50 per cent each by Banijay Group and RedBird IMI, which acquired All3Media in 2024. The transaction is expected to close by autumn, subject to regulatory approvals.
Banijay Entertainment CEO Marco Bassetti, will take the top job at the enlarged group. All3Media CEO Jane Turton becomes deputy CEO. RedBird IMI CEO Jeff Zucker will serve as chairman.
The logic is scale. Broadcasters are commissioning less, streamers are tightening budgets and global buyers are fewer but bigger. Against that backdrop, heft matters. The merged entity will generate roughly $6.65 billion in revenues based on 2024 figures, giving it sharper elbows in rights negotiations and deeper pockets for franchise-building.
“Entrepreneurialism, ambition and creativity” remain core to Banijay’s DNA, Bassetti said, flagging plans to invest more heavily in new intellectual property, live events and emerging platforms. Turton struck a similarly bullish note, pointing to All3Media’s journey from a 2003 start-up to a global supplier of hit formats and high-end drama.
Between them, the two groups control a formidable slate. Banijay’s catalogue spans MasterChef, Big Brother, Survivor, Black Mirror, Peaky Blinders and Deal or No Deal. All3Media’s labels include Studio Lambert, producer of The Traitors and Squid Game: The Challenge; Two Brothers, behind The Tourist; and Neal Street, currently producing the forthcoming Beatles biopics directed by Sam Mendes for Sony.
The back catalogue is equally muscular. Banijay Rights holds some 220,000 hours, while All3Media International adds around 35,000 hours, forming one of the industry’s largest libraries.
Banijay, controlled by French entrepreneur Stéphane Courbit and listed in Amsterdam, counts more than 130 production companies across 25 territories. All3Media operates over 40 labels, with strong positions in the UK, US and Germany. The enlarged group will also lean into live entertainment, building on Banijay’s Balich Wonder Studio, which produced the opening ceremony of the Milan-Cortina Winter Olympics, and the Independents.
The deal marks a shift in tone. As recently as October, Bassetti suggested that mergers and acquisitions were not a priority. But the drumbeat of consolidation has grown louder. Mediawan has moved for Peter Chernin’s North Road. David Ellison’s Paramount has agreed to a $110 billion takeover of Warner Bros, with plans to combine HBO Max and Paramount plus. ITV has explored selling its media and entertainment arm to Comcast-owned Sky, though talks have reportedly slowed.
