ALL3MEDIA Acquires Artists Rights Group
ALL3MEDIA Acquires Artists Rights Group
LONDON, March 29/PRNewswire/ -- ALL3MEDIA is pleased to announce that it has reached an agreement to
acquire Artists Rights Group Limited (Artists Rights Group), one of the most
highly regarded talent and rights agencies in the independent television and
film sector.
The Artists Rights Group Limited is a leading talent and rights agency.
It manages high quality and creative talent in the independent television and
film sector and exploits associated rights across all media including retail.
Artists Rights Group specialises in discovering, nurturing and developing
creative and successful talented individuals. Artists Rights Group has an
outstanding track record in creating and building opportunities for clients
managed by the firm and through this skill, creates and locks in value for
the talent.
Artists Rights Group has established, under the leadership of Michael
Foster and Sue Latimer, an enviable reputation for being one of the most
reliable managers of high quality creative talent in the sector. They combine
this with an outstanding ability to exploit associated rights across all
media. This capability makes Artists Rights Group an excellent strategic fit
with ALL3MEDIA.
ALL3MEDIA has built a pre-eminent market position as Britain's No 1
Independent TV Production group. ALL3MEDIA is a Bridgepoint-backed company
founded by Steve Morrison, Jules Burns and David Liddiment, who created the
Group in 2003 through the acquisition of the former Chrysalis TV Division.
Since its inception, ALL3MEDIA has created and brought together a
talented group of nine award winning TV production and film companies and has
its own programme and format distribution arm, ALL3MEDIA International.
The ALL3MEDIA Group has won wide acclaim for its productions and enjoys a
well deserved reputation for being one of the fastest growing Independent
businesses in the sector. Additionally, ALL3MEDIA has international companies
in the USA, Germany, Holland, New Zealand and Australia.
ALL3MEDIA, in line with its normal corporate practice, does not intend to
disclose the amount of consideration paid for the acquisition. Michael Foster
and Sue Latimer, who have been responsible for the success and dramatic
growth of Artist Rights Group, will continue to manage Artists Rights Group
within the ALL3MEDIA Group.
Commenting on the acquisition, Steve Morrison, Chief Executive of
ALL3MEDIA said:
"Strategically, this acquisition represents a new and very important move
for ALL3MEDIA. This is the first time our Group has acquired a leading talent
management and rights exploitation agency.
Acquiring Artists Rights Group extends our multi-media capability and
provides us with further opportunities for the commercial rights exploitation
of our talent and content."
Our business revolves around TV brands, new ideas and exceptional talent.
Michael Foster and Sue Latimer will make a terrific addition to ALL3MEDIA's
team strength."
Commenting on the deal, Sue Latimer and Michael Foster said:
"We have had a lot of fun building up Artists Rights Group to where it is
today. We look forward to taking our business to the next level by continuing
to follow our unique approach now within the ALL3MEDIA Group whose skill in
the market place will serve only to help us further resource and enhance our
ability to help our clients achieve what they want in their respective
careers.
Notes for Editors
For more information about ALL3MEDIA see www.all3media.com
Information on ARTISTS RIGHTS GROUP:
Michael Foster
Michael Foster was educated at New College, Oxford. From 1986 to 1997 he
served as Managing Director and then Co-Chairman of ICM Ltd. From 1997 to
1999 he was Managing Director of Television at GMG. From September 1999 to
February 2001 he was Managing Director of Content, Carlton Television. In May
2001 Michael Foster founded Artists Rights Group with Sue Latimer.
Sue Latimer
Sue Latimer started her career as an agent with the William Morris Agency
where she served as Head of Talent. In 1999 Sue became a Director of the
Curtis Brown Agency where she created a new Talent Division. In 2001 Sue
Latimer formed Artists Rights Group with Michael Foster.
Source: ALL3MEDIA
ENQUIRIES: ALL3MEDIA: Steve Morrison, Tel: +44-(0)20-7554-1400. Gavin Anderson & Company: Richard Constant, Tel: +44-(0)20-7554-1400
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