Rani R. Raad, CEO of IMI, will also join the All3Media board following the deal.
RedBird IMI, a joint venture investment platform focusing on global media, entertainment, sports, and news content properties, has finalised its acquisition of All3Media from joint owners Warner Bros. Discovery and Liberty Global. Regulators in the United States, United Kingdom, and Germany have approved the £1.15bn deal, marking RedBird IMI’s largest completed transaction to date.
Jeff Zucker, CEO of RedBird IMI, will assume the role of Chairman of the All3Media board. Current CEO Jane Turton and COO Sara Geater will continue to lead All3Media under RedBird IMI’s ownership. RedBird IMI, a joint venture between International Media Investments (IMI) and RedBird Capital Partners, will also see Rani R. Raad, CEO of IMI, joining the All3Media board. IMI is a privately-owned investment company with a portfolio of leading media brands that have a strong presence across the MENA region and beyond, including Sky News Arabia, The National, CNN Business Arabic, Al-Ain News, and a minority interest in Euronews.
Based in London, All3Media stands as the UK’s largest independent production company, boasting 50 production labels, including Studio Lambert, Raw, Two Brothers Pictures, and Silverback Films. The company produces globally renowned shows such as The Traitors, Squid Game: The Challenge, Gold Rush, and Midsomer Murders. All3Media’s diverse library spans various genres, from contemporary thrillers to comedy and true crime, with a global presence across the UK, US, Germany, the Netherlands, Belgium, and New Zealand.
All3Media’s production companies churn out 4,000 hours of content annually for linear broadcasters, VOD platforms, social media, and digital outlets. All3Media International manages a distribution catalogue of over 30,000 hours, while the Group’s digital arm, Little Dot Studios, engages audiences across multiple platforms with social video, podcasts, and branded content.
RedBird IMI, launched just over a year ago, aims to build a global media conglomerate spanning news, entertainment, and sports. The acquisition of All3Media marks the fifth completed investment for RedBird IMI, adding to its portfolio which includes Media Res, EverWonder Studios, Hidden Pigeon Company, and Front Office Sports.