European broadcaster RTL Group has withdrawn its interest in acquiring Dutch production company Endemol Shine, saying it will instead focus on developing its own scripted shows and expanding its new VoD platforms.

“On Endemol Shine, we stepped out of the process,” CEO Bert Habets said in an interview.  “At Fremantle, we focus on expanding our scripted output – and we are very successful in doing so. We aim to grow the business going forward in the scripted and unscripted domain by small- and medium-sized acquisitions.”

Endemol Shine, creator of the Big Brother reality-show, is valued between €2.5 – 3 billion.

Other posts by :

1. Bank: AST SpaceMobile will orbit 356 satellites by 2030
2. SpaceX launches 600th rocket
3. Starlink: 10m customers and counting
4. SES predicts end of ‘big’ Geo satellites
5. Amazon Leo gets approval for 4,504 extra satellites
6. SpaceX gets a portion of India
7. TerreStar wants to build LEO network
8. Musk: “No Starlink phone”
9. Russia accused of eavesdropping on satellites

Categories: Articles, Business, M&A