Fiction
Balaji Telefilms eyes regional expansion; seeks local partners
MUMBAI: Even as the promoters have upped their stake in the company in the light of Star selling its 26 per cent stake, Balaji Telefilms Limited (BTL) has set sight on the regional television programming space for expansion.
The production house, which recently wrapped up the seventh season of Nach Baliye on Star Plus, plans to launch as many as 10 shows in Bengali and southern languages. Moreover, in order to break into the regional space, BTL is also eying tie-ups with local partners.
“Our plan is to have three – five shows each in Bengali and Southern languages by the end of FY2016,” the company said in its annual report.
This apart, BTL is also mulling launching a few of its Hindi shows in regional languages. The first of these would be the telecast of the Zee TV show Kumkum Bhagya, on Zee Bangla. At the same time, the production powerhouse is also eyeing tie-ups in the south, which will yield three to four shows.
It may be recalled that in December 2014, BTL had entered into an alliance with the Kolkata-based Chhayabani to form Chhayabani Balaji Entertainment and create distinctive, contemporary and clutter breaking television content for Zee Bangla.
Also under consideration is the plan to launch its celebrity sports reality show Box Cricket League in the regional space. At the same time, BTL has set a target to launch six new shows in the Hindi general entertainment channels (GEC) space this fiscal. While plans are underway to launch a comedy show on the lines of the Great Indian Laughter Challenge, BTL is also readying a high concept fiction show for Star Plus.
With audiences patronizing the Balaji brand, the company’s key focus is to improve its bottom line during FY2016.
“We aim to be more process-driven, rather than personality-driven. With changing dynamics of the industry, we are aiming to capitalise our capabilities in making high-concept fiction and non-fiction shows. To begin with, we are coming up with a high concept, high fiction show for Star TV. We are confident of the ratings of our new shows, especially reality based shows,” the company said.
On the movies front, BTL has a strong pipeline of movies lined up for FY16 and FY17. With aspirations to become the number two entertainment studio going forward, the production house has in its kitty 8 – 10 films like Azhar, A Flying Jatt, Suspect X, Naatak, and Bhool Se Naam Na Lo Pyaar Ka, among others.
Not ignoring the fast-developing digital space, BTL is also in the process of creating its own IP and genuine B2C content to tap the burgeoning platform.
That said, BTL seems poised to spread its wings and fly even more so now with BTL group CEO Sameer Nair, armed with his business acumen, adding extra stars to the creative prowess of Ekta Kapoor.
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.
