Report: Ryan Seacrest And Endemol Shine Partner
April 10, 2015 at 6:02 AM (PT)
THE HOLLYWOOD REPORTER reports, "In a bid to gain both scale and reach, RYAN SEACREST is jumping into business with ENDEMOL SHINE. His production company's unscripted division has struck a significant deal in which it will partner with the global reality powerhouse. Though it's not being characterized as an acquisition, the RYAN SEACREST PRODUCTIONS' group will join ENDEMOL SHINE NORTH AMERICA’s growing cadre of subsidiary companies, including AUTHENTIC ENTERTAINMENT, ORIGINAL MEDIA, TRUE ENTERTAINMENT and 51 MINDS. Terms of the deal were not disclosed, but the transaction is expected to close in DECEMBER of this year."
“RYAN is not only one of the TV industry's leading broadcasters, but over the last decade, he has also proven to be one to the top producers of unscripted programming in the world,” ABREGO and CORWIN said in a joint statement. “We are thrilled RYAN and his talented team will join our family of award-winning production companies at ENDEMOL SHINE, where we can now offer unmatched global distribution and resources."