UK commercial broadcaster ITV is set to acquire Talpa Media B.V., the entertainment show producer behind global blockbuster TV franchise The Voice, for an initial cash consideration of approximately £355 million.
Established by Big Brother creator John de Mol, Talpa is a fast growing Netherlands based production and distribution business, focused on developing new formats that attract large audiences and have significant global commercial potential. Over the last six years, Talpa has created 75 shows airing in more than 180 countries, with 16 new formats broadcast last year.
The acquisition is part of ITV’s strategy of building an international content business that creates and owns entertainment formats and dramas that sell internationally.
“Great content is at the heart of ITV’s growth strategy and the acquisition of Talpa builds on the success of our international content business and is absolutely in line with our desire to create and own formats that travel,” comments Adam Crozier, Chief Executive of ITV. “John de Mol and his team have an incredible track record of doing that consistently over many years and I’m delighted to welcome them to the ITV family. This is a great opportunity for ITV to accelerate its progress in building a global content business of scale.”