French TV giant Banijay has sold back the production arm of Beyond International — the Australian producer and distributor best known for “Mythbusters” it fully acquired in Dec. 2022 — to the company’s managing director, Mikael Borgland.
“Both parties confirm the buy-back of the production division of the Beyond group and its current production subsidiaries by Mikael Borglund’s personal holding, Byi Holdings Pty Limited,” the companies said in a statement.
Under the deal, Banijay will retain control of Beyond’s distribution business, which Variety understands has already been integrated into its own operations, and Beyond’s catalog of more than 8,000 hours of programming, also including shows such as “Highway Thru Hell,” “Heavy Rescue: 401,” “Massive Engineering Mistakes,” and “Deadly Women.” Beyond will own future projects with immediate effect, while ongoing productions will not be affected.
Beyond International and Banijay Rights have also concluded a five-year first-look distribution deal with regard to...
“Both parties confirm the buy-back of the production division of the Beyond group and its current production subsidiaries by Mikael Borglund’s personal holding, Byi Holdings Pty Limited,” the companies said in a statement.
Under the deal, Banijay will retain control of Beyond’s distribution business, which Variety understands has already been integrated into its own operations, and Beyond’s catalog of more than 8,000 hours of programming, also including shows such as “Highway Thru Hell,” “Heavy Rescue: 401,” “Massive Engineering Mistakes,” and “Deadly Women.” Beyond will own future projects with immediate effect, while ongoing productions will not be affected.
Beyond International and Banijay Rights have also concluded a five-year first-look distribution deal with regard to...
- 1/10/2024
- by Alex Ritman
- Variety Film + TV
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