BBC SELLS RAPID BLUE TO ANELE
Media entrepreneur Anele Mdoda has led the acquisition of Rapid Blue, South Africa's largest independent television production company, from BBC Worldwide through Rose and Oaks Media.
The deal returns the renowned producer of shows such as Family Feud SA, The Bachelor SA and The Masked Singer SA to local ownership.
While the purchase price was not disclosed, the acquisition gives Rose and Oaks exclusive access as the only African-owned production company with direct access to BBC Studios' valuable format catalogue.
BBC Studios will remain a commercial partner, while both companies continue operating independently, strengthening South Africa's television production industry and future growth prospects.
Full story - https://t.co/M2G42kbWDq
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