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Endemol CEO Tim Hincks will serve as president of the new joint venture to be formed by 21st Century Fox’s Shine Group, Endemol and Core Media, the companies said Monday.
He will report to CEO Sophie Turner Laing.
Based in London, Hincks will work with former BSkyB top executive Turner Laing “to develop and grow the creative and strategic direction of the new company” with “specific responsibility for the U.K. and U.S.,” the companies said.
“This new joint venture will establish one of the world’s most exciting, diverse and dynamic businesses for creative talent,” said Hincks. “It will be a place that gives the best people in our industry the freedom to pursue new ideas that they believe in and to take creative risks to realize their ambitions on a global scale.”
Said Turner Laing: “I’m delighted that Tim, whose experience and understanding of creative entrepreneurship and talent is first-class, will be working with me to grow this new group. The company will be one of the world’s most innovative and diverse content creators, with exceptional talent, commercial expertise and resources that enable talent in each market to deliver outstanding content across genres and platforms.”
Hincks first joined Endemol in 1999 after having worked on factual and current affairs programming for the BBC since 1990. He went on to hold a number of senior executives roles at Endemol at the company’s U.K. operation, including those of creative director and chief creative officer. He became Endemol U.K.’s CEO in 2008 before being appointed president of Endemol Group in 2012, responsible for overseeing the company’s operations in the U.S. and U.K. along with content creation and commercial exploitation.
21st Century Fox and Apollo recently reached a final agreement to combine Shine, Endemol and Core Media. Under the terms of the agreement, they will jointly manage the group, with each owning 50 percent.
Completion of the deal, expected by the end of the year, is subject to regulatory clearances and other closing conditions.
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