Wednesday, 26 November 2014

ITV eyed deal with Ant and Dec

ITV eyes deal with BBC star Graham Norton's production outfit | Media | The Observer: "ITV is exploring a tie-up with the production company owned by two of its biggest stars, Anthony McPartlin and Declan Donnelly... as ITV looks at investment options to boost its in-house production arm, ITV Studios.

The broadcaster is said to be looking at buying a stake in one or both of the companies, or buying them outright.

"They were very close to reaching a deal a while back. The talks have been going on for at least six months," said a source familiar with the negotiations. "There are talks with other companies going on but these are the main ones."

Gallowgate, founded in 2004 as a vehicle to produce Ant and Dec shows including ITV1 hit Saturday Night Takeaway, is rather closer to home. It also produces Vernon Kay's ITV1 quiz Beat The Star. The company made a loss of £358,000 in the year to 31 March 2010, according to abbreviated accounts filed at Companies House." 'via Blog this'

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