Fiction
Rahul Sarangi – Greymatter Entertainment @ Mip Formats
Mumbai, April 6, 2018: Co-founder & Director, Rahul Sarangi is the First Indian invited to be on the panel of Spot the Talent (Formats) @ MIP Formats – 7th April & 8th April 2018 at the Palais des Festivals et des Congres de Cannes in Cannes, France. Rahul will be a panelist amongst renowned industry experts like Matt Steiner, MD, Primal Media, UK; Assaf Gil, CEO, Gill Formats, Israel; Roy Aalderink, Concept Street, Germany, David Flynn, Co-Founder, Youngest Media, UK; Meredith Chambers, MD, Electric Ray, Sony Pictures, USA; Ed Waller, ED, C21Media, UK.
MIPFormats is the incubator for big ideas, the next wave of must-see formats. Taking place two days before MIPTV, MIPFormats is where the world’s leading producers, commissioners, buyers and distributors discover the very best in entertainment formats.
Spot the talent – Indies Around The World – A platform to discover exciting formats that have just been commissioned (or are about to be) in this special spotlight, featuring independent format creators and producers from around the world.
About US
Greymatter Entertainment is a young media company that offers 360 degree media solutions. We produce LIVE sports, TV shows, digital content and focus on IPR creation. One of the few Indian companies to have sold original formats globally. Our energetic core team brings to the table over 60 years of corporate experience with companies like IMG, TWI, Sony Entertainment Television, MTV, Ten Sports & Viacom 18. With significant knowledge and experience of having produced shows all over the world, we thrive on pushing the evelope!
Rahul Sarangi, Co-Founder & Director, Greymatter Entertainment
Rahul has nearly a decade’s experience as a television professional. He has worked for top-of the-line media brands like Synergy and Contiloe in production and Colors and MTV Networks India. Rahul has been associated with shows like Roadies – India’s no.1 youth reality show, Fame Gurukul, Bluffmaster, Splitsvilla, MTV On the Job, MTV Style Awards, Music Awards Asia and many more.
Apart from producing shows, Rahul also directs live events and has directed international events like the Shakira Concert, Roger Waters Live, the Standard Chartered Marathons, IIFA Celebrity Cricket Live, IPL Funfeed – Live on Youtube and Horse Racing among others.
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.
