U.K.-Based Producer Barcroft Studios Sold to Future in $30 Million Deal

Variety | 11/14/2019 | Stewart Clarke
Click For Photo: https://pmcvariety.files.wordpress.com/2019/11/barcroft-cropped.jpg?w=700&h=393&crop=1

Barcroft Studios has been bought by Future in a £23.5 million ($30.1 million) deal. The U.K.-based production outfit specializes in factual fare for channels and platforms, and its own branded channels on the likes of YouTube. Future is a U.K.-listed print and online publishing and events business.

Sam Barcroft will stay on as CEO at the production company that he founded in 2003. Barcroft has a track record of developing content for digital platforms that has then been worked up for traditional linear channels. It will continue to develop and produce series for its own channels and third parties, and will also create original content for Future’s brands, which include TechRadar, PC Gamer, MusicRadar, Space.com, Android Central, Real Homes, and Total Film.

Sale - End - Nov - Years - Pubcaster

The sale is expected to be completed by the end of Nov. and comes three years after British pubcaster Channel 4 acquired a minority...
(Excerpt) Read more at: Variety
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