European broadcaster RTL Group has withdrawn its interest in acquiring Dutch production company Endemol Shine, saying it will instead focus on developing its own scripted shows and expanding its new VoD platforms.
“On Endemol Shine, we stepped out of the process,” CEO Bert Habets said in an interview. “At Fremantle, we focus on expanding our scripted output – and we are very successful in doing so. We aim to grow the business going forward in the scripted and unscripted domain by small- and medium-sized acquisitions.”
Endemol Shine, creator of the Big Brother reality-show, is valued between €2.5 – 3 billion.