Fremantle Revenues Dip As Lofty $3.3B Turnover Target Draws Nearer

Todd Cantwell insists Rangers must win EVERY game they have left in order to taste title glory.

Alex Ritman Since its inception in 2018, North American distributer and sales outfit Utopia has been quietly building up its credentials as a both a company with a distinctive cinematic palette and one able to identify indie projects ahead of the buzz. Its darkly comic 2020 breakout hit “Shiva Baby,” the directorial feature debut of Emma Seligman, gave an early indication of Utopia’s tastes, which soon led it to pick up Dasha Nekrasova’s wild and erotically-charged Jeffrey Epstein-themed horror “The Scary of Sixty-First” and Lena Dunham’s shoestring sex comedy “Sharp Stick.” In Cannes 2022 it made a splash by acquiring domestic rights to Ali Abbasi’s gritty Iranian crime thriller and Palme d’Or nominee “Holy Spider,” for which Zar Amir won the best actress award, and last year bought LGBT revenge thriller “Femme,” one of the hottest films going into the 2023 Berlinale.

One of Fremantle‘s leading execs in Europe has become victim of a sophisticated $1M scam.

K.J. Yossman Fremantle has completed its acquisition of global production studio Asacha Media Group, the company confirmed today. Fremantle acquired the group from founding partners, managers and funds managed by Oaktree Capital Management Fremantle’s group COO and CEO for continental Europe Andrea Scrosati spearheaded the acquisition.

Fremantle Completes Asacha Deal

Elizabeth Taylor No doubt Jake Gyllenhaal took getting into ripped and shredded shape for the “Road House” remake very seriously. “He definitely had a very strict diet going on he was very clear about,” Gyllenhaal’s castmate Hannah Love Lanier said at the film’s New York City premiere March 19. “I think one of the funniest times was when he was eating these rice paper wafer crackers.

Patrick Frater Asia Bureau Chief China’s social media, games and video giant Tencent saw 2023 revenues advance by 10% to $84.6 billion (RMB609 billion). But its net profits slid to $16.3 billion (RMB118 billion), down from $26.3 billion a year earlier. The group is directly affected by weakness in the mainland Chinese economy, which has recovered only slowly since the end of the COVID pandemic, and by ongoing regulatory concerns.

, a perfectly reasonable and equally bizarre question might have come up for you: exactly what does bean dip mean? Disappointingly, in this case, it's not a guac-like situation nor any form of dip. The phrase has an entirely different meaning that has nothing to do with dip if you've been watching the latest season of the Netflix hit show.Listen, we're not sure how we ended up here either, but if you're wondering “what does bean dip mean in Love Is Blind?,” well, so are we.

EXCLUSIVE: RTL has pushed back Fremantle‘s lofty €3B ($3.3B) revenue target by up to a year.

A woman has filmed the 'shocking' moment a man dips his Domino's pizza into a pint of Guinness, causing quite a stir online. Amarah Maddar was passing by Millers pub in Kings Cross, London, when she spotted the unusual food combination and decided to film it.

Leo Barraclough International Features Editor Fremantle has acquired global production rights to the Japanese format “Freeze.” The high-energy comedic game show, which has aired for two seasons in Japan, was developed and produced by FANY Studio and Yoshimoto Kogyo for Amazon Prime Video. It is FANY Studio’s first global deal since it was set up in May 2023.

Naman Ramachandran Revenues at Bertelsmann’s Luxembourg-based RTL Group, a media giant which owns Fremantle, dipped 5.2% to €6.2 billion ($6.7 billion) for the financial year 2023. The company attributed this to lower TV advertising revenue and lower Fremantle revenue. The company’s EBITA (earnings before interest, taxes and amortization) slid to €782 million, down from €922 million in 2022.

Manchester United's debt stands at £773.3million after the club released their latest financial figures for the three months ending December 31, 2023.

Elsa Keslassy International Correspondent Vivendi saw its revenues rise by 9.5% to €10.5 billion ($11.4 billion) in 2023, bolstered by the performance of Canal+ Group and Havas, as well as the integration of French media and publishing giant Lagardere in December. Vivendi also posted a net profit of $443 million (€405 million). Canal+ Group, which comprises pay TV giant Canal+ and the production-distribution company Studiocanal (“Paddington”), is pursuing its international development, particularly in Asia, the Nordic countries and Africa.

K.J. Yossman Banijay, the French-headquartered TV production and distribution powerhouse behind hits including “Survivor” and “Peaky Blinders,” posted revenues of €3.3 billion (a growth of 6%) and an adjusted EBITDA of €494 million (taking into account fluctuating exchange rates) Thursday. The company is owned by FL Entertainment, which also posted profits on Thursday showing revenues of €4.5 billion ($5.8 billion) two years afters making its debut on the Amsterdam stock market.

Alex Ritman Astral Projection, the production company set up by Oscar winner Rachel Weisz and British executive producer Polly Stokes (“American Honey,” “Wild Rose”) has signed a new first-look and development deal with Fremantle. The three-year deal will see Fremantle become the primary home for all TV and film projects for Astral Projection, which co-produced “Dead Ringers,” Amazon’s six-part psychological thriller in which Weisz played both lead roles in a gender-swapped reimagining of the 1988 David Cronenberg film. Stokes, a former creative executive at Film4, and Weisz have a long-standing relationship and are building a slate of projects with Rebecca Servadio as Astral’s literary consultant.

Rachel Weisz and Polly Stokes are taking their slate to Fremantle.

Leo Barraclough International Features Editor ProSiebenSat.1 Group, which owns one of Germany’s leading broadcasters and one of its top streaming platforms, continues to feel the effects of a “challenging” economic environment, but, nevertheless, has pledged to ramp up investment in local shows. On Thursday, the group reported revenues of Euros 3.85 billion ($4.2 billion) in the 2023 financial year, down 7% on the previous year. Adjusted EBITDA decreased to Euros 578 million ($629 million) from the previous year’s Euros 678 million ($739 million).

K.J. Yossman U.K. commercial broadcaster ITV’s annual results for 2023 were revealed Thursday.

Naman Ramachandran Giants of U.K. TV and streaming have combined for the fourth iteration of The TV Collective’s groundbreaking Breakthrough Leaders program. The program aims to identify and empower 50 exceptional individuals from Black, Asian and global majority (a collective term for people of Indigenous, African, Asian, Latin American descent, who constitute some 85% of the global population) backgrounds who are poised to become the future leaders of the U.K.