Banijay Group Acquires Spanish TV Production Firm DLO
The drama and entertainment producer, led by industry veteran Jose Manuel Lorenzo, adds to the pan-European company's reach in the country.
LONDON – Pan-European TV and multimedia content company Banijay Group is expanding its reach in Spain, saying Tuesday that it has acquired drama and entertainment production firm DLO Producciones.
Financial terms of the deal weren't disclosed.
The deal adds drama production capabilities to Banijay's existing Spanish presence via Ana Rosa Quintana's Cuarzo Producciones, in which the company acquired a majority stake in 2009.
DLO was founded by and will continue to be run by Spanish producer Jose Manuel Lorenzo, a former top executive at Spanish TV companies TVE, Antena3 and Grupo Sogecable’s Canal+.
Both Spanish firms now under Banijay's purview will continue to operate independently. But Quintana and Lorenzo will work together to expand Banijay's reach, the company said.
"Established in 2011, DLO (Day Light On) is the fastest-growing independent audiovisual production company in Spain, with a slate that includes multiple primetime series and miniseries developed for major broadcasters," Banijay said.
Said Banijay CEO Marco Bassetti: "DLO is the perfect complement to our existing Spanish Group company Cuarzo. To have two such accomplished and experienced professionals as Ana Rosa and Jose Manuel at the helm of our Spanish division is a fantastic opportunity to maximize our presence in this important territory."
Said Lorenzo: "In just two years, we have developed DLO into one of the leading producers in Spain, and we’re now looking forward to achieving even greater success in this new partnership. We already have a roster of ratings-winning titles developed or in the pipeline for the Spanish and wider international market and are confident that this move will enable us to fully realize our huge production potential in the years to come.”
DLO's primetime output has included TV movie El Angel de Budapest for TVE and family comedy series Familia and miniseries Mario Conde, los Dias de Gloria, both for Telecinco.
The company is currently in production on drama series El Capitan Alatriste for Mediaset. It said it also has "a number of projects in development for local broadcasters in various genres covering both scripted and non-scripted."
Banijay creates content for television and multimedia platforms via a network of international production companies. Its goal is to become a leader in each of the territories it operates in.
Beyond the Spanish operations, the group currently includes Bunim/Murray Productions in the U.S.; Banijay Productions France; H2O and Air Productions in France; Brainpool in Germany; Nordisk Film TV, which is active in Denmark, Sweden and Norway; Respirator in Denmark; Ambra Multimedia in Italy; Banijay Productions Finland; and Screentime, which works in Australia, New Zealand and Ireland.