Media magnate John de Mol and the British television production company ITV Studios are separating earlier than planned, Talpa Media confirms to various media. De Mol will no longer be creatively involved in the production company at the beginning of 2020, something that was initially intended. The parties would be connected for another three years.
A spokesperson for Talpa Media tells AD that ITV Studios and the media magnate are separating because De Mol prefers to focus on Talpa Network. That is the company in which he has housed his media activities and which includes SBS6 and Radio 538, among others.
ITV spent 500 million euros in 2015 for the production studio, where programs such as The Voice and Ik hou van Holland were made. De Mol would remain creatively committed to it as a producer.
With good performance, the amount could rise to 800 million euros in eight years. It is not known whether the early termination of the cooperation will cause any problems with regard to this amount. De Telegraaf writes on Wednesday that De Mol misses 100 million euros due to the early termination of the collaboration.