Archive · 7 Aug 2025
All3Media Writes Down Value After Production House Restructure
Imagine a big company, All3Media, that owns TV production companies.
They had to reduce the value of some of their companies, like Lime Pictures.
This was because of changes like the soap opera 'Hollyoaks' reducing the number of weekly episodes.
The company's new owners, RedBird IMI, are changing how they manage things, focusing on the overall performance of the group instead of individual companies.
This means they might decide which production company makes a new show based on experience, not just trying to improve one company's results.
All3Media wrote down the value of Lime Pictures by $33M due to changes at 'Hollyoaks'.
Overall write-down of £60M followed RedBird IMI's acquisition of All3 last year.
'Hollyoaks' reduced weekly episodes and shifted to a digital-first strategy.
Optomen saw a $20M write-down linked to a restructure of its US operations.
All3Media's results show a shift towards assessing performance at a group level.
- Who
- All3Media, Lime Pictures, Optomen, Tower Productions, and RedBird IMI.
- What
- All3Media wrote down the value of several production houses.
- When
- Revealed in All3Media's full-year results.
- Where
- UK and Germany, with implications for US operations.
- Why
- Due to factors including a decrease in 'Hollyoaks' episodes, restructuring, and strategic shifts.
- Write-down of Lime Pictures
- $33M
- Total Write-down
- £60M
- All3Media Acquisition
- RedBird IMI
- 'Hollyoaks' Episode Reduction
- From 5 to 3 episodes weekly
- Optomen Write-down
- $20M
- All3Media's Revenue
- £895M