Hell’s Kitchen), Firecracker (
Paradise Hotel), Passion Distribution, Pioneer Productions (
Ocean Autopsy) and Magical Elves (
Nailed It!, pictured).
The group’s banks and institutional funders have committed to invest funds to enable the company to restore its trading to pre-pandemic levels.
Additionally, the management team has provided new investment. A majority holding in the continuing business will be sold to a new company owned by these management investors.
As part of the wider restructuring, a non-trading group company in which Loan Notes (effectively, IOUs) owned by current and former management are held, will be closed and enter liquidation.
Tinopolis stated “no staff, customers, suppliers or creditors to the various group trading companies are affected by this process.”
Question Time production company saved by rescue deal
Sport-focused Tinopolis came under pressure from the pandemic-induced shutdown of the TV production sector last year
A pre-lockdown edition of BBC One s Question Time produced in Liverpool
One of the UK s biggest TV production companies behind
Question Time and Premier League coverage on BT Sport and Amazon has won a rescue deal saving 650 jobs after being battered by the pandemic.
Tinopolis was on the brink of running out of cash as it grappled with the production sector s widespread shutdown due to Covid.
The company that also produces Crufts coverage for Channel 4 has now agreed terms with lenders that will inject fresh capital into the business, but wipe out more than £100m in loans owed to executives and former managers.
Summit ’21: That’s a wrap! The first virtual edition of the annual Realscreen Summit wrapped Thursday (Feb. 4), after two weeks of content and networking opportunities for an international array of delegates.
Keynote conversations this year . February 8, 2021
The first virtual edition of the annual Realscreen Summit wrapped Thursday (Feb. 4), after two weeks of content and networking opportunities for an international array of delegates.
Keynote conversations this year featured Susanne Daniels, YouTube’s global head of original content; former U.S. Secretary of State, First Lady and Democratic presidential candidate Hillary Rodham Clinton and author and global health advocate Chelsea Clinton; Rob Sharenow, president of programming, A+E Networks; legendary documentary directing and producing team, Ken Burns and Lynn N