TV Production Company All3Media Suspends Sale Efforts After 6 Months CEO Steve Morrison and the company’s board, including chief executive Steve Morrison, made the decision on a conference call Sunday, The Daily Telegraph reported. Sony Entertainment and private-equity firms are thought to be among the bidders, all of whom apparently came in too low for major stakeholder Permira. The private-equity house acquired its share of All3Media for $502M in 2006 and was thought to be seeking around $1.1B. The desire to capitalize on the U.S. success of its Ramsay’s Kitchen Nightmares and Skins and find a partner to expand internationally was considered a driving force for the sale. All3Media declined comment. Anti-Copyright Group Makes Strong Showing In Berlin Election The Pirate Party, whose goal is to reform or abolish online copyright laws, scored its biggest electoral victory today with the election of all 15 members who ran to Berlin’s state parliament.
- 9/19/2011
- by THE DEADLINE TEAM
- Deadline TV
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