- Share this article on Facebook
- Share this article on Twitter
- Share this article on Email
- Show additional share options
- Share this article on Print
- Share this article on Comment
- Share this article on Whatsapp
- Share this article on Linkedin
- Share this article on Reddit
- Share this article on Pinit
- Share this article on Tumblr
COLOGNE — Production giant Endemol has acquired a controlling stake in Israeli company Kuperman, which will be relaunched as Endemol Israel.
Ynon Kreiz, the Israeli TV exec who used to run Endemol as chairman and CEO, sold his 50 percent stake in Kuperman to the Dutch group and will exit the company. Co-owner Elad Kuperman will stay on as CEO of the new Endemol Israel.
PHOTOS: 10 Shows That Changed Global Television
A leading indie in the television production hotbed that is Israel, Kuperman produces local versions of hit international formats, including Endemol’s Big Brother, as well as developing its own reality and scripted series. Two local hits — event show The Successor — the Next Uri Geller and sitcom Traffic Light — were both sold to the U.S. but domestic versions, (NBC’s Phenomenon and Fox’s short-lived Traffic Light, respectively) failed to take off.
As Endemol Israel, the company will continue to produce international formats for the Israeli market, but will also play a major role in developing new original shows for Endemol’s global pipeline.
STORY: Endemol to Sell AMC’s Unscripted Shows Internationally
“With the launch of Endemol Israel we establish a presence in one of the world’s most creative markets,” said Endemol Group CEO Just Spee. “The high volume of innovative formats coming out of the region continues to grow, and our ability to deliver this content to our clients around the world makes this an exciting opportunity.”
At least since the Israeli series Prisoners of War was successfully adapted as Showtime’s Emmy-winning Homeland, Israel has become the go-to international territory for global TV companies looking for the next big thing.
Sign up for THR news straight to your inbox every day
More from The Hollywood Reporter
Singer Kane Brown on His First Acting Gig on ‘Fire Country’: “The Perfect Start of My Acting Career” (Exclusive Video)
GLAAD Media Awards: Stars Denounce Attacks on LGBTQ+ Community as Bad Bunny, Christina Aguilera Accept Honors
Patrick Stump on AI Chatbot Fall Out Boy Lyrics: “You’re Consuming Art That Has No Expression Behind It”