Banijay buys Shine Endemol, shifts international balance of power

Banijay, once the cuddly friend of Screentime Australia, has absorbed Shine Endemol to emerge as a modern version of King Kong.

Shine Endemol has finally been bought by Banijay, in a move which went to the European regulators last October and actually happened on July 3, about a day after their approval. 

This is an enormous deal though the amounts are moderate compared to the vast tranches flung about by Disney. Variety claims US$2.2 billion. According to the announcement: 

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David Tiley was the Editor of Screenhub from 2005 until he became Content Lead for Film in 2021 with a special interest in policy. He is a writer in screen media with a long career in educational programs, documentary, and government funding, with a side order in script editing. He values curiosity, humour and objectivity in support of Australian visions and the art of storytelling.