businesses for sale
Find Businesses For Sale
The UK's leading independent listing of companies for sale since 1995
The Comedy Unit
01/09/2006
RDF Media is to acquire The Comedy Unit, the Glasgow-based TV production company with 20 staff, for up to £11m. The deal comprises an initial consideration of £6.5m, to be paid in cash and shares, and a further payment of up to £4.5m, subject to The Comedy Unit's performance for the period up to 31 January 2008. The Comedy Unit was established in 1995, and has produced shows such as Rab C Nesbitt and Still Game. The company also derives a significant proportion of its net profits from DVD sales and other rights exploitation. RDF is an AIM-listed television producer and content distributor, and chief executive David Frank said that the acquisition would both move the company into the comedy genre and enhance its presence in Scotland.

Subscribe now to get advanced acquisition search capabilities.

 
© 1995-2009 Business Sale Report. A division of Business Data International Ltd. All rights reserved