Warner Bros. buys Netherlands-based TV programmer Eyeworks Group
Looking to expand its international holdings, Warner Bros. Television Group has acquired Eyeworks Group, a Netherlands-based production company that makes both scripted and reality programming.
Eyeworks makes TV shows for 16 territories including the Netherlands, Germany, Spain and Australia. It also has operations in the U.S., but that unit is not part of the sale and will remain independent.
Terms of the deal were not disclosed. Bloomberg, citing De Telegraaf, reported the price to be about $278 million.
ON LOCATION: Where the cameras roll
Warner Bros. Chief Executive Kevin Tsujihara said the deal “represents a significant next step in our strategy.”
The acquisition is the latest in a string of deals Warner Bros. has made including the 2010 purchase of Shed Media.
Eyeworks Chief Executive Reinout Oerlemans will step down after the deal closes and become chairman of Eyeworks USA.
ALSO:
Charter to nominate new board of directors for Time Warner Cable
Morning Fix: Dumb Starbucks mystery solved. RIP Shirley Temple Black.
Other toy makers are looking to build on success of ‘The Lego Movie’
Follow Joe Flint on Twitter @JBFlint.
From the Oscars to the Emmys.
Get the Envelope newsletter for exclusive awards season coverage, behind-the-scenes stories from the Envelope podcast and columnist Glenn Whipp’s must-read analysis.
You may occasionally receive promotional content from the Los Angeles Times.
