Following the acquisition of Boomerang TV in Spain and the Aito Media Group in Finland, Lagardère Studios is now investing in the Netherlands, having secured a majority stake in the capital of Skyhigh TV.
Created in 1999, Skyhigh TV specialises in the production and distribution of entertainment, factual and documentary shows. The company, owned by its three founding shareholders (Marc Dik, Wilfred Drechsler and Bernard van den Bosch), produces for both public and private Dutch broadcasters.
“The acquisition of Skyhigh TV in the Netherlands, after those of Aito Media Group in Finland (2017) and Grupo Boomerang TV in Spain (2015), signals a new stage in Lagardère Studios’ international development, bringing the French champion one step closer to becoming European leader,” says Denis Olivennes, president of Lagardère Active.
“The Netherlands is the third largest exporter of TV formats in the world” says Christophe Thoral, president of Lagardère Studios. “Our acquisition of Skyhigh TV naturally serves to further our strategy for international growth, but it will also accelerate our policy of creating and circulating formats among our various structures. We are proud and happy to welcome Skyhigh TV’s talented team into the Lagardère Studios family”.
Bernard van den Bosch, CEO of Skyhigh TV, added: “We are looking forward to becoming part of an ambitious organisation such as Lagardère Studios. It is an exciting prospect to share in the creativity of the wider Lagardère group and to keep developing our own inspiring formats in addition. Lagardère Studios is established as an integral and leading contributor in the world of fiction, which perfectly fits Skyhigh TV’s strategy for the future. We are excited to get started!”
Lagardère Active is a member of FIPP.
More like this
Ringier has acquired a minority interest in the Berlin start-up Bot Labs, which was founded in January 2018 by Hubert Burda Media together with Ingo Rübe, the former CTO of the national publishing company at Burda. Bot Labs develops blockchain-based technological innovations for companies and offers cooperative models.3rd Dec 2018 Deals
In a statement released today by Jonathan Newhouse, Steve Newhouse and the Condé Nast board, the company announced it will be restructuring into one global company.27th Nov 2018 Deals
Meredith Corporation announced an agreement to sell the Fortune media brand for $150m cash to Fortune Media Group Holdings, wholly owned by Chatchaval Jiaravanon. The transaction is subject to regulatory approval and is expected to close in 2018.12th Nov 2018 Deals
Meredith has completed the sale of the Time media brand to Marc and Lynne Benioff for USD $190 million. In a release dated November 1, the American media and marketing company announced the completion of the sale, which was first announced September 16, 2018.6th Nov 2018 Deals
By using the fundamentals of legacy storytelling, one of the oldest magazines in France, Paris Match, has become one of the most popular brands on modern platform, Snapchat Discover. Marion Mertens, digital editor in chief at Paris Match, explained how they managed to pull this off at the recent FIPP Insider event in Paris.3rd Dec 2018 Features
In the year since Dailymotion pivoted to a premium viewing experience for consumers, Vivendi's video-sharing website has seen an increase in audience growth, doubling year over year.3rd Dec 2018 Features
The media industry has recently lost two well admired leaders.3rd Dec 2018 FIPP News
This year has seen a dramatic increase in the financial importance of native advertising. For the third year in a row, we’re proud to present the findings of our annual global study, in cooperation with the Native Advertising Institute covering native advertising trends in the magazine industry.5th Dec 2018 Insight News
Vogue’s third Fashion Festival in Paris was a showcase of how the title not only monetises from events but also boosts brand awareness.10th Dec 2018 Features
Visit our Youtube channelFIND OUT MORE
FIPP newsletters allow you to keep up with industry trends, research, training and events across the worldFIND OUT MORE
What’s happening now, what’s coming next