Fremantle Acquires Asacha Media Group in Strategic Expansion
The acquisition, valued at over $216 million, marks a significant step in Fremantle's global expansion strategy.
- Fremantle has completed the acquisition of Asacha Media Group, enhancing its portfolio with eight new labels across France, Italy, and the UK.
- Asacha Media Group, known for producing 'Death in Paradise' among other titles, will continue to be led by co-founder and CEO Gaspard de Chavagnac.
- The deal is part of Fremantle's broader strategy to reach its €3 billion revenue target, with investments totaling over €200 million this year.
- Asacha's acquisition includes prestigious subsidiaries like Red Planet Pictures, Arrow Media, and Stand By Me.
- Fremantle's global acquisition spree includes other significant purchases, such as a majority stake in Singapore's Beach House Pictures.