Key facts
- All3Media CEO Jane Turton discussed the merger with Banijay.
- The merger is expected to be finalized by late summer.
- Marco Bassetti will be CEO of the merged entity.
- Jane Turton will serve as deputy CEO.
All3Media CEO Jane Turton has provided insights into the anticipated merger with Banijay, highlighting the strategic importance of scale. She stated, 'Scale is important, but you've got to work out why scale matters.' The transaction is projected to successfully navigate the antitrust review process and is expected to be finalized by late summer. Following the completion of the merger, Marco Bassetti, currently the head of Banijay, will assume the role of CEO for the combined entity. Jane Turton is slated to remain with the company, taking on the position of deputy CEO.