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The discussions have centered around merging ITV's Studios business with All3Media, which RedBird IMI acquired for 1.15 billion pounds($1.43 billion) last year.

MediaForEurope has made an offer for TVN's free-to-air business, targeting an EBITDA of around 500 million zlotys ($123.71 million). Polish businessman Michal Solowow, through his MS Galleon fund, and media group WP Holding have also submitted bids, with WP Holding reportedly joining forces with another entity linked to InPost CEO Rafal Brzoska.

The title was created and produced by Banijay Productions Germany in collaboration with DLS Consulting GmbH. Banijay Media Germany is responsible for the marketing of the branded entertainment format together with DLS.

The event becomes even more international, with Dori Media, Fremantle, Global Agency, Keshet International, Rabbit Films, and Sony Pictures Television joining it.

In return for these investments, Disney+ will gain access to newly released films just nine months after their theatrical debut—an improvement from the previous 17-month waiting period.