ITV plc. (ITV.L) announced Wednesday that it is acquiring a controlling stake in Thinkfactory Media, a producer of reality, entertainment and drama in U.S., including the Emmy award-winning Hatfields & McCoys.
ITV noted that it will pay an upfront cash consideration of $30 million for a 65% stake in Thinkfactory Media, with a put and call option to buy the remaining 35% of the company. The put and call option could be exercised from between 3 years after the initial deal and at the end of year 5 with the total amount paid linked to the performance of the company over that period. The multiple paid is similar to the range paid on our previous acquisitions.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.