RedBird IMI completes acquisition of U.K.’s All3Media

RedBird IMI completed its $1.45 billion acquisition of All3Media, the largest independent production company in the U.K., after receiving approval from British, U.S. and German regulators.

Under the agreement, Jeff Zucker, CEO of Abu Dhabi-backed RedBird IMI, becomes All3Media’s chairman, while All3Media CEO Jane Turton will continue to lead the company.

The London-based studio, which is jointly owned by Warner Bros. Discovery and Liberty Global, has 50 production labels, including Studio Lambert, Raw, Two Brothers Pictures, Silverback Films, New Pictures and Neal Street Productions.

Redbird IMI gave up on its bid to take over London’s Telegraph newspaper last month after encountering vigorous government opposition.