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Fremantle sets a sales agreement with NENT Studios

The London-based company has recently agreed with NENT Studios to purchase of 12 NENT Studios production labels in Norway, Sweden, Finland and Denmark. The products will be non- scripted, scripted and factual businesses. The transaction is subject to regulatory approval and is expected to close later this year.

The agreement also involves other companies. There are Strong Productions (Denmark); Grillifilms, Moskito Television and Production House (Finland); Monster, Novemberfilm, One Big Happy Family, Playroom, Rakett and Strix TV (Norway); Baluba and Strix Television (Sweden).

“This is an exciting opportunity both to grow our presence in the Nordics and embrace a wealth of exceptional new talent into the Fremantle family”, has said Jennifer Mullin, CEO of Fremantle. And for his part, Gabriel Catrina, NENT Group EVP & Chief Financial Officer, has commented that “we are confident that Fremantle’s global reach will create many opportunities for these fine businesses. This agreement concludes the divestments of all the Studios assets that we had planned for”.

The acquisition forms part of Fremantle’s strategy to invest in production companies and talent around the world to source creative ideas, develop and create IP and partner with global and local broadcasters and platforms.

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