Warner Bros. Completes Eyeworks Buy
Warner Brothers Television Group said Monday it has completed its acquisition of the Dutch operations of TV production house Eyeworks in a deal valued at about $273 million.
Warner Brothers International Television Production first announced the deal in February and takes over all of Eyeworks’ business outside of the U.S. in 15 countries in Europe, South America, Australia and New Zealand. The deal adds 13 new markets to Warner’s international stable of production companies and follows its 2010 acquisition of U. K. production giant Shed Media, and its 2011 acquisition of BlazHoffski in The Netherlands and Belgium.
Eyeworks produces several top reality shows, including The Biggest Loser and Celebrity Splash.
“This is an exciting day for Warner Bros. International Television Production, as we grow our on-the-ground production operations by 13 territories,” executive vice president and head of Warner Brothers International Television Production Ronald Goes said in a statement. “We’ve long admired the way that Eyeworks has been built into a global player in TV production, and we’re proud that today it becomes part of the Warner Bros. family.”
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