ITV Studios has acquired Israel’s Armoza Formats, adding more than 100 entertainment formats to the UK group’s portfolio.
Included in the deal is Armoza’s prime time singing show The Four, which has been commissioned in over 15 territories, and game show Still Standing, Israel’s most successful international non-scripted format with over 6,000 episodes globally.
The deal will see Armoza Formats become part of ITVs’s Global Creative Network, headed up by Mike Beale.
The team, based in Tel Aviv, will continue to develop and source new formats and also work with producers within its new parent group on their projects in development.
ITV Studios labels will exclusively produce all newly-developed Armoza formats in territories within which it has a presence.
Maria Kyriacou, President, ITV Studios International, said: “Armoza Formats has rapidly grown to be one of the top independent creators and distributors of global entertainment hits.
“This is a unique opportunity to work with Avi and his team and combine his expertise with ITV’s presence and reach to undoubtedly create many more hits of the future.”
Avi Armoza added: “Armoza always strives to be at the forefront of creativity and stay ahead of the challenges in our industry, and we are therefore thrilled to be joining ITV Studios.
“We both share the same values and passion for success through creativity and strongly believe that ITV Studios are the perfect partner for the next stage of the company’s evolution.”