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      Home News Mergers/Acquisitions

      Fremantle acquires majority stake in Israel’s Silvio Productions

      Staff Reporter by Staff Reporter
      November 23, 2022
      in Mergers/Acquisitions, News, Production
      Fremantle acquires majority stake in Israel’s Silvio Productions

      Photo credit: Fremantle

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      The acquisition of Silvio Productions underscores Fremantle’s commitment to grow its presence in the premium documentary landscape and invest in talent-driven production companies.

      Fremantle has acquired a majority stake in Silvio Productions, the Israeli production outfit behind documentary series such as Shadow of Truth, Coastal Road Killer, After Midnight, The Baby Daddy and Buried.

      Silvio Productions was founded by Israeli-based director-writer-producers Yotam Guendelman and Mika Timor.

      The acquisition of Silvio Productions further underlines Fremantle’s commitment and ambition to grow its global documentaries proposition, investing in and helping develop premium production companies working with the world’s most exceptional creative talent.

      The deal was spearheaded by Andrea Scrosati, Fremantle’s Group COO and CEO Continental Europe, and Guy Hameiri, Co-Founder of Abot Hameiri, the Fremantle-owned Israeli production company behind international hit drama series Shtisel (Netflix), the recently announced, East Side (KAN), and original formats Power Couple, Hear Me Love Me See Me and Israeli producer for global formats such as Got Talent, Survivor and The X Factor.

      Yotam Guendelman and Mika Timor, will collaborate and work closely with Abot Hameiri in Israel as well as benefitting from Fremantle’s global infrastructure, international distribution, and strategic support across the 27 territories in which it operates around the world. Under the agreement, Guy Hameiri will assume the position of Chairman of Silvio Productions, with Guendelman and Timor reporting to him.

      Upcoming productions include 1948 (KAN), Dunam and a Half (YES DOCU) and a new season for Shadow of Truth (HOT8).

      Commenting on the deal, Silvio Production Co-Founders, Yotam Guendelman and Mika Timor, said: “This is a truly unique opportunity for us. To join forces with the incredibly talented Fremantle team, with its unrivalled international infrastructure, and to work with Guy and the Abot Hameiri team, who are without doubt one of the best production companies in Israel. The cultural, creative, and business rationale is natural, and we look forward to working closely with Andrea (Scrosati) and Guy (Hameiri). With their support and the global reach of Fremantle, we will take our business growth trajectory and our ambitious slate to the next level.”

      Andrea Scrosati, Group COO, and CEO of Continental Europe, Fremantle, added: “Fremantle is committed to working with the very best talent and creative minds in the business. Yotam and Mika and the team at Silvio Productions have a proven track-record and take great pride in their filmmaking and storytelling. We welcome them into the Fremantle family at this important time, as we look to scale-up our global documentaries capabilities. I would like to thank Guy (Hameiri) for his leadership and continued focus in growing and optimising our valued business and IP in Israel. I believe Silvio Productions will perfectly complement Abot Hameiri’s premium scripted and formats divisions, and we are extremely excited to see both businesses benefit from this collaboration.”

      Guy Hameiri, Co-Founder of Abot Hameiri, stated: “We have known Yotam and Mika for a long time and have been a great admirer of their work. They bring creative excellence, and a real flair for important storytelling. Their projects not only connect with a local audience, but importantly globally, which has been recognised by international outlets including Showtime and Netflix. When this opportunity arose, it was obvious to see the synergies, and we are all looking forward to embracing this new partnership with Silvio Productions and the many opportunities it represents.”

      The investment in Silvio Productions follows the acquisitions over the past 12 months which include UK production company Dancing Ledge (The Responder), scripted Italian production company Lux Vide (Devils, Leonardo), international development and production company Fabel (Bosch), Australian-American television production company Eureka Productions (Parental Guidance, Finding Magic Mike) and 12 production labels in Norway, Sweden, Finland, and Denmark from Nordic Entertainment Group (This is Nice Group), Irish production company Element Pictures (Normal People, The Favourite), and most recently, 72 Films (All or Nothing: Arsenal, 9/11: One Day in America) and natural history and premium factual content production company, Wildstar Films (America the Beautiful, Epic Adventures with Bertie Gregory).

      In August 2021, RTL Group set targets to increase Fremantle’s full-year revenue to €3bn by 2025. The acquisition of Silvio forms part of Fremantle’s wider growth strategy to invest in production companies, content, and talent around the world to source the best creative ideas, develop and create strong and unmissable IP.

      Tags: Coastal Road KillerfeaturedpostFremantleIsraeli production firmMika TimorShadow of TruthSilvio ProductionsYotam Guendelman

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