Deal or No Deal (tv program)

Fox and Apollo to create TV production giant.

Fox and Apollo to create TV production giant.

Rupert Murdoch's 21st Century Fox and private equity giant Apollo Global Management are in preliminary talks to create a global television production house that would manage big hits like "American Idol" and "Deal or No Deal."

The deal would combine Fox's Shine Group as well as the Apollo-controlled Endemol and Core Media Group. The joint venture would be one of the largest reality TV producers in the world, controlling franchises like "Master Chef," "The Biggest Loser" and "Big Brother."

Joining forces would buttress both companies during a period of intense consolidation in the production industry, particularly among firms...

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