Shift or Stasis| Challenging U.S. Leadership in Entertainment Television? The Rise and Sale of Europe’s International TV Production Groups
This article is concerned with the international market consolidation in television entertainment production and its implications. The rapid growth of the TV format trade during the past 15 years has led to the formation of large European-led production groups. In recent years, U.S. media conglomerates have bought the largest of these groups. By tracing the groups’ development and the reasons for the U.S. acquisitions and by offering a model for the potential adverse implications this may have for television production and distribution in Europe, this article hopes to make a valuable contribution to media industries and policy research.