Fremantle has acquired a majority stake in Israeli producer Silvio Productions and is owned by Fremantle Shtisel Guy Hameiri of indie Abot Hameiri becomes chairman.
Alongside Fremantle Group COO/CEO of Continental Europe Andrea Scrosati, Hameiri led the deal and Silvio founders Yotam Guendelman and Mika Timor will report to him, with both India working closely together.
The move is the latest in a wave of Fremantle M&A activity and is the RTL super-indie’s second in Israel, following its 2016 deal with Abot Hameiri, which expanded to a 100% stake in 2021.
Silvio is best known for Hot8 true crime doc series Shadow of the truthwhich was picked up worldwide by Netflix and explores the mysterious murder case of an Israeli girl who was found murdered in her high school restrooms along with Showtime’s Emmy nominee To bury. A new season of Shadow of the truth is in production alongside Kan’s 1948 and Yes Documents Dunam and a half.
The acquisition comes with Fremantle looking to “expand our global documentary capabilities” under the leadership of Mandy Chang, according to Scrosati, who praised Silvio’s “proven track record and great pride in filmmaking and storytelling.”
Hameiri said Silvio’s shows “connect not only with a local audience, but above all global, which is recognized by international outlets”, while Silvio’s Guendelman and Timor described the move as a “unique opportunity”.
Fremantle has been averaging what feels like one acquisition per week in recent months as the company aims to meet RTL’s revenue target of €3 billion ($3.1 billion) by 2025.
Recent purchases include highly rated 9/11: A day in America producer 72 Films, British natural history company Wildstar Films, Normal people indie Element Pictures and veteran Italian outfit Lux Vide.
European mergers and acquisitions are currently moving so fast that three deals were announced in one morning last week.