Endemol is restructuring its international sports business. This reorganization will bring its sports content in line with all other output, coming under the direct management of the group’s local operating companies around the world.
After three years of building and integrating sport into Endemol’s global business, Managing Directors Gregg Oldfield and Lawrence Duffy will leave to pursue new ventures. Endemol Sport launched in January 2009 and grew to become a significant international player in sports entertainment.
The company will pursue further growth in sports entertainment and current productions around the world will continue under the new structure.
Just Spee, Chief Financial Officer of Endemol Group, said, “Endemol’s Sport’s output has grown to a level where we need to bring it in line with how we develop and produce all our other content internationally.”