Endemol

Endemol

Endemol

Former Dutch media company


Endemol B.V. (stylized in lowercase) was a Dutch-based media company that produced and distributed multiplatform entertainment content. The company annually produced more than 15,000 hours of programming across scripted and non-scripted genres, including drama, reality TV, comedy, game shows, entertainment, factual and children's programming.

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Endemol, a global network of operations in more than 30 countries, worked with over 300 broadcasters, digital platforms and licensees worldwide. The business covered development, production, marketing, distribution, franchise management and multi-platform initiatives including digital video, gaming and apps.

Endemol was merged into Endemol Shine Group (a joint-venture between The Walt Disney Company and Apollo Global Management) and headquartered in the Netherlands in 2015. Since the merger, Endemol is an in-name-only unit of Endemol Shine Group, and in the next years, Endemol's iconic eye logo was replaced with Endemol Shine Group's wordmark-only logo in the closing credits of most of the shows that it licensed. Endemol created and ran reality, talent and game show franchises worldwide, including Big Brother, Deal or No Deal, Fear Factor, Wipeout, The Money Drop, and Your Face Sounds Familiar. The company also has a portfolio of drama and comedy series including titles such as The Fall, Peaky Blinders, Hell on Wheels, Benidorm, Ripper Street, Black Mirror, Bad Education, My Mad Fat Diary, Hot in Cleveland, Kirstie, Leverage, Home and Away, Death Comes to Pemberley and The Crimson Field.

History

Endemol was founded in 1994 by a merger of television production companies owned by Joop van den Ende and John de Mol, the name deriving from the combination of their surnames.[1]

Endemol has specialised in formatted programming that can be adapted for different countries around the world as well as different media platforms. One notable success has been the Big Brother reality television show, with versions in many countries after the initial Dutch version. Other examples include Deal or No Deal (sold to over 75 countries), The Money Drop (sold in over 50 countries), Fear Factor (sold in 30 countries) and Wipeout (sold in over 30 countries). From 2011 till its absorption by Endemol Shine Group, the company expanded its English language drama output with shows such as The Fall, Peaky Blinders, Ripper Street and Black Mirror in the UK and Hell on Wheels in the US. In November 2013 the company launched Endemol Beyond, an international division specialising in original content for digital video platforms such as YouTube.

In 2000, Endemol was sold to the Spanish telecom and media corporation Telefónica for €5.5 billion. In November 2005, 25% of Endemol was taken public, and since was listed on the Euronext Amsterdam exchange under the stock symbol EML. On 14 May 2007 the remaining 75% of Endemol shares were bought by a consortium, Edam Acquisition, led by Mediaset, the company controlled by Silvio Berlusconi's family, and including the investment company Cyrte, in which the original co-founder John de Mol has shares.[2] The consortium announced on 6 August 2007 that it now owned 99.54% of Endemol shares, after an offer to buy the remaining shares went through on 3 August 2007; it asked the Euronext bourse for a delisting of Endemol.[3]

It was reported in 2010 that the company was $3 billion in debt.[4] Then in 2011, it was reported that the debt had grown to $4.1 billion.[5]

A loan restructure was planned for 2011 when Endemol was expected to breach its debt covenants.[6] On 30 June, the debt covenants were breached at the same time that CEO Ynon Kreiz left the company and Endemol's UK subsidiary failed to file its annual accounts.[7] On 23 March 2012, Endemol's debt was converted into shares by US private-equity firm Apollo Global Management.[8] On 3 April 2012, Mediaset sold its majority stake in Endemol to Apollo and Dutch asset manager Cyrte, and Endemol restructured the bulk of its debt. The current CEO is Just Spee.[9] On 15 May 2014, Apollo and 21st Century Fox announced a joint venture to combine 21st Century Fox's Shine Group and Apollo's Endemol and CORE Media Group.[10] The deal closed October 2014.[11]

Over the years Endemol has expanded its international presence either by starting up operations in new markets or by acquiring existing production companies. Most recently, in December 2013, Endemol became a shareholder in Israel's Channel 2 franchisee Reshet, following the acquisition in April of a controlling share in the Israeli independent producer Kuperman, which is now Endemol Israel.[12]

On 17 December 2014, Endemol merged with fellow Apollo Global Management subsidiary Core Media, producer of American Idol, and 21st Century Fox's Shine unit, with the resulting 'mega-indie' adopting the name "Endemol Shine Group", which was a 50:50 joint venture by both parent companies. The name took effect on 1 January 2015.[13] 21st Century Fox's predecessor company, Rupert Murdoch's News Corporation, had in 2011 bought Shine (founder and chairperson until the 2015 merger: Murdoch's daughter Elisabeth) for $673 million.[14]

Global presence

Map of World presence of Endemol

Endemol has the following operations around the world:

Endemol USA

Endemol UK

Originally known as Broadcast Communications, Endemol UK is one of the UK's longest established production groups and won its first television commissions in the mid-1980s. It produces the main Endemol franchises such as Big Brother and Deal or No Deal.

Endemol India

In January 2006, Endemol started producing programs with Mohit Raina in different channels which are in Hindi, Telugu, Tamil, Kannada, Malayalam and Bengali from Mumbai, India. For various media company's channels were Sony Pictures Networks India, Disney Star, Sun TV Network, Zee Entertainment Enterprises, Viacom 18, NDTV Imagine, Mazhavil Manorama

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Endemol Australia

Endemol Australia (formerly "Endemol Southern Star") is an Australian production company which was previously a joint venture of Endemol and Southern Star Group. Endemol purchased Southern Star Group from Fairfax Media in January 2009.[16] It produces Endemol's popular worldwide formats for Australia, including Big Brother, Deal or No Deal, and Ready Steady Cook. It is based in Australia.

Lawsuits

Endemol sued Brazilian channel SBT over what it says was a Big Brother copycat, and threatened to sue Russian Behind the Glass for the same reason.[17]

Endemol was sued by four Georgia women alleging that a text-message game featured on Deal or No Deal is a form of illegal gambling.[18]

Productions

Reality television

Factual

Late night/variety shows

Drama

Game shows

Children's shows

Live TV

Sitcoms

Talk/Variety


Notes

  1. "Endemol Entertainment Holding NV – Company Profile, Information, Business Description, History, Background Information on Endemol Entertainment Holding NV". referenceforbusiness.com. Retrieved 7 February 2018.
  2. "Telefonica sells Endemol to Mediaset" Earth Times, Mon, 14 May 2007.
  3. "Goldman, Berlusconi Set to Lose Endemol Bet: Corporate Finance". Bloomberg. New York. 1 July 2011. Archived from the original on 11 July 2011.
  4. "In the air: Endemol UK is late to file accounts". Evening Standard. London. 31 July 2010. Archived from the original on 11 July 2011.
  5. Martijn van der Starre "Bloomberg News" 26 March 2012 Endemol Debt Taken On, Converted Into Shares by Apollo bloomberg.com, Retrieved on 13 January 2014.
  6. Jonathan Webdale "C21 Media" 3 April 2012 Mediaset sells Endemol stake, c21media.com, Retrieved on 13 January 2014.
  7. 21st Century Fox & Apollo In Joint Venture Talks For Shine, Endemol And CORE Media, NANCY TARTAGLIONE, International Editor deadline.com, Retrieved on 18 May 2014.
  8. "Endemol buys into Israel's Reshet". Globes. 23 December 2013.
  9. "Endemol to buy Southern Star". C21Media. 19 January 2009.
  10. O'Flynn, Kevin (4 December 2001). "Dutch Firm Warns 'ZaHhhsyhJj". The Moscow Times.
  11. Schossler, Jason (June 2007). "'Deal or No Deal' Sued for Text-Message Game". Archived from the original on 14 September 2008. {{cite journal}}: Cite journal requires |journal= (help)
  12. Pascoe, Robin (7 January 2014). "Big Brother producer has high hopes for new reality tv format Utopia". Dutch News. Retrieved 2 July 2023.
  13. Brookes, Emily (29 August 2008). "New MD, Wipeout commission for Endemol Portugal". c21media.net. C21 Media. Retrieved 26 March 2009.

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