ITV in talks with Abu Dhabi fund over studios merger

ITV is in early-stage talks with the Emirati-backed fund controlling the sale of the Telegraph titles over a merger of their respective studio production businesses.

Discussions between the FTSE 250 broadcaster and RedBird IMI have centred on a combination of ITV’s Studios business and All3Media, the production company behind The Traitors.

ITV examined an acquisition of All3Media in 2023 and judged the production company to be a good strategic fit with its Studios arm. It was outbid, however, by RedBird IMI, which completed a £1.15 billion acquisition of the company, which consists of more than 50 production and distribution businesses around the world. RedBird IMI is led by the former CNN executive Jeff Zucker and is backed by Sheikh Mansour bin Zayed Al

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}