FremantleMedia buys 75% stake in Original
Thom Beers will continue to serve as CEOThe creator of "Deadliest Catch" and "Ice Road Truckers" has sold a controlling stake of his production company to FremantleMedia.
Thom Beers' Original Prods. has entered into an agreement with the international "American Idol" production house whereby FremantleMedia acquired a 75% stake. Original Prods. CEO Beers and president Philip Segal will continue to lead the company.
"We are very excited to be working with Thom and his talented team," FremantleMedia CEO Tony Cohen said. "Original Prods. have created outstanding shows which have been enormously popular with audiences around the world. We look forward to helping further build the Original Prods. brand."
The 12-year-old Original Prods. will become part of FremantleMedia's network of production, distribution and licensing companies. The two companies have been in talks for months.
Beers already has a distribution relationship with FremantleMedia Enterprises, which has sold his male-oriented gritty reality shows such as "Black Gold" and "1000 Ways to Die" to more than 50 broadcasters worldwide. Beers becomes the latest independent reality producer to join forces with a larger foreign distributor, following Tom Forman's recently joining with Relativity Media.