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flag Banijay and All3Media to merge into one global media company by fall 2026.

flag Banijay Group and All3Media, owned by RedBird IMI, have agreed to merge their entertainment production businesses to form a new global media giant named Banijay, expected to close by fall 2026. flag The 50/50 joint venture will combine their portfolios, including major franchises like Peaky Blinders, Big Brother, The Traitors, and Squid Game: The Challenge, creating one of Europe’s largest production groups with pro forma 2024 revenues exceeding €4.4 billion. flag The deal includes a €796 million cash payment to Banijay, with RedBird IMI rolling over its All3Media stake. flag Marco Bassetti will lead the new company, while Jane Turton and Jeff Zucker will serve as deputy CEO and chair, respectively. flag The merger aims to boost global content power amid industry consolidation, with projected €50 million in cost synergies and enhanced intellectual property monetization in the streaming and AI era.

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