19th Jul 2007 09:16
ITV PLC19 July 2007 ITV plc July 19, 2007 For immediate release ITV PLC ACQUIRES HOLDING IN INDEPENDENT PRODUCER MAMMOTH ITV plc owned Granada International has concluded a distribution deal with majornew independent producer Mammoth Screen Limited to acquire worldwidedistribution rights in all media for all programmes developed and/or produced byMammoth. Granada International has acquired a 25% equity holding in Mammoth andexclusive distribution and development rights for £1 million cash consideration. Nadine Nohr CEO of Granada International said "We're delighted that Granada International will be working with Mammoth Screen,a new production company founded by producers with the track record andinternational awareness to create commercial, innovative programming. We'rethrilled that they have already hit the ground running in terms of commissionsand broadcaster interest with a number of truly exciting projects on theirslate." John Cresswell, COO of ITV plc said "Content is at the core of everything ITV plc does, and key to the full andeffective exploitation of content in a digital environment is access to rights.Partnerships with talented independents like Mammoth, with proven track recordand expertise, provide us with a share of rights and an opportunity to drive andboost creativity within the independent production sector for mutual commercialbenefit." ENDS For further enquiries please contact: ITV plcTel: 0844 8818000Press enquiriesBrigitte Trafford - Group Communications DirectorJim Godfrey - Director of Corporate AffairsInvestor enquiriesJames Tibbitts - Company SecretaryGeorgina Blackburn - Head of Investor Relations Tulchan CommunicationsTel: 0207 353 4200Andrew GrantSusannah VoyleDavid Allchurch Website: www.itv.com; investor information: www.itvplc.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ITV