Welcome to the Muppet Central Forum!
FIFA World Cup 2026 Final Halftime Show
The Muppet Show
Sesame Street Classics on YouTube
Sesame Street debuts on Netflix
Back to the Rock Season 2
Sam and Friends Book
Jim Henson Idea Man
Bear arrives on Disney+danielromens
Well-Known Member
- Joined
- May 12, 2002
- Messages
- 99
- Reaction score
- 0
News from Variety 10/13/02___
This in variety
Posted: Sun., Oct. 13, 2002, 12:31pm PT
EM.TV says Henson is still in play
Company considering many options, sez spokeman
BERLIN -- German kidvidder EM.TV has denied rumors that a deal with billionaire producer Haim Saban for the Jim Henson Co. has been signed, adding that the company remains in talks with a number of interested buyers.
Specifically, EM.TV spokesman Frank Elsner refuted reports the company and Saban had signed a letter of intent, and added EM.TV could simply end up selling a stake in Henson. "EM.TV is considering different options and still has until the end of the year. A sale of Henson is not imminent."
Yet Saban and New York investment group Evercore Partners have reportedly made an offer of $128 million, around double the figure initially reported last week. While EM.TV officials refused to comment on the going price, one source close to the company said EM.TV was seeking a price close to Henson's current book value of $147 million, adding that Saban's reported offer wasn't far from that.
The Munich-based group has until the end of the year to sell its stake in Henson in order to pay back the remaining $63 million from a $250 loan to creditor banks.
Company said it has no plans to sell its 45% stake in Herbert Kloiber's Tele Muenchen Group nor its 16% stake in film group Constantin. Its minority stake in Formula One racing remains tied up in the Kirch Group's insolvency proceedings.
Date in print: Mon., Oct. 14, 2002, Los Angeles
This in variety
Posted: Sun., Oct. 13, 2002, 12:31pm PT
EM.TV says Henson is still in play
Company considering many options, sez spokeman
BERLIN -- German kidvidder EM.TV has denied rumors that a deal with billionaire producer Haim Saban for the Jim Henson Co. has been signed, adding that the company remains in talks with a number of interested buyers.
Specifically, EM.TV spokesman Frank Elsner refuted reports the company and Saban had signed a letter of intent, and added EM.TV could simply end up selling a stake in Henson. "EM.TV is considering different options and still has until the end of the year. A sale of Henson is not imminent."
Yet Saban and New York investment group Evercore Partners have reportedly made an offer of $128 million, around double the figure initially reported last week. While EM.TV officials refused to comment on the going price, one source close to the company said EM.TV was seeking a price close to Henson's current book value of $147 million, adding that Saban's reported offer wasn't far from that.
The Munich-based group has until the end of the year to sell its stake in Henson in order to pay back the remaining $63 million from a $250 loan to creditor banks.
Company said it has no plans to sell its 45% stake in Herbert Kloiber's Tele Muenchen Group nor its 16% stake in film group Constantin. Its minority stake in Formula One racing remains tied up in the Kirch Group's insolvency proceedings.
Date in print: Mon., Oct. 14, 2002, Los Angeles
