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Reg Grundy Organisation
Reg Grundy Organisation (founded as Reg Grundy Enterprises, later known as both Reg Grundy Productions and Grundy Television and known informally as Grundy's) was an Australian-based multinational mass media company, primarily involved in television as a production company but also in distribution and licensing.
Reg Grundy, the company's namesake founded the media enterprise locally in 1959, It branched out internationally in the late 1980s under the banner Grundy World Wide Limited with divisions in Europe, United Kingdom, the United States and Asia
The company first produced game shows, then branched into soap operas in 1973. In 1995 Reg Grundy sold the company to British firm Pearson Television, now known as FremantleMedia Limited., part of the RTL Group (in turn majority owned by Bertelsmann). In 2006, Fremantle merged Grundy Television and Crackerjack Productions to form the localised arm Fremantle Australia. Until 2013, the Grundy name still existed internationally in Germany as Grundy Light Entertainment and in Italy as Grundy Productions Italy.
Reg Grundy's started his media career in radio, before moving to television producing Wheel of Fortune which launched on Nine Network in 1959. Another show with this title, based on a US format, celebrated its 25th anniversary in Australia a week before its cancellation in July 2006. In 1960, the company begin licensing formats, starting with Concentration in 1960. The company begin a relationship with Goodson-Todman Productions where it produced the Australian rights to many of its properties starting with Say When! in 1962, later expanding to properties outside of USA and continental Europe in 1976, later gaining exclusive worldwide rights outside of USA and continental Europe in 1992 such as in the South America, Australia, New Zealand, Southeast Asia and Japan territories as well as others.
In an effort to diversify itself, the company begin expanding beyond game shows to producing documentaries in 1973 and soap operas in 1974, and eventually rebranding to Reg Grundy Organisation in 1977 with Reg Grundy Productions Ltd. acting as a subsidiary.
In the late 1980s, Reg Grundy established Grundy Worldwide Limited. He created and operated local, independent television production and distribution companies in Europe, Asia and North and South America.
Pearson Television (now FremantleMedia Limited) acquired the Grundy group of companies on 3 April 1995. On 30 August 2006, FremantleMedia announced they would merge Grundy Television with their other Australian production company, Crackerjack Productions, to form a single "super" production company called "FremantleMedia Australia", the new company to be managed by Crackerjack's management team with Mark Fennessy as Chief Executive Officer, and his brother Carl Fennessy as Chief Operating Officer.
Simon Spalding, Fremantle's Director of Asia Pacific Operations, said in an interview that Grundy Television's premises in Sydney would be refurbished and that, once complete, all Sydney-based staff would be located there. He claimed that this would help to create a 'deeper' production facility and was not a cost-cutting exercise. Spalding also said that although the Grundy name would be disappearing, he was looking at how FremantleMedia could retain the Grundy name and the heritage associated with it.
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Reg Grundy Organisation
Reg Grundy Organisation (founded as Reg Grundy Enterprises, later known as both Reg Grundy Productions and Grundy Television and known informally as Grundy's) was an Australian-based multinational mass media company, primarily involved in television as a production company but also in distribution and licensing.
Reg Grundy, the company's namesake founded the media enterprise locally in 1959, It branched out internationally in the late 1980s under the banner Grundy World Wide Limited with divisions in Europe, United Kingdom, the United States and Asia
The company first produced game shows, then branched into soap operas in 1973. In 1995 Reg Grundy sold the company to British firm Pearson Television, now known as FremantleMedia Limited., part of the RTL Group (in turn majority owned by Bertelsmann). In 2006, Fremantle merged Grundy Television and Crackerjack Productions to form the localised arm Fremantle Australia. Until 2013, the Grundy name still existed internationally in Germany as Grundy Light Entertainment and in Italy as Grundy Productions Italy.
Reg Grundy's started his media career in radio, before moving to television producing Wheel of Fortune which launched on Nine Network in 1959. Another show with this title, based on a US format, celebrated its 25th anniversary in Australia a week before its cancellation in July 2006. In 1960, the company begin licensing formats, starting with Concentration in 1960. The company begin a relationship with Goodson-Todman Productions where it produced the Australian rights to many of its properties starting with Say When! in 1962, later expanding to properties outside of USA and continental Europe in 1976, later gaining exclusive worldwide rights outside of USA and continental Europe in 1992 such as in the South America, Australia, New Zealand, Southeast Asia and Japan territories as well as others.
In an effort to diversify itself, the company begin expanding beyond game shows to producing documentaries in 1973 and soap operas in 1974, and eventually rebranding to Reg Grundy Organisation in 1977 with Reg Grundy Productions Ltd. acting as a subsidiary.
In the late 1980s, Reg Grundy established Grundy Worldwide Limited. He created and operated local, independent television production and distribution companies in Europe, Asia and North and South America.
Pearson Television (now FremantleMedia Limited) acquired the Grundy group of companies on 3 April 1995. On 30 August 2006, FremantleMedia announced they would merge Grundy Television with their other Australian production company, Crackerjack Productions, to form a single "super" production company called "FremantleMedia Australia", the new company to be managed by Crackerjack's management team with Mark Fennessy as Chief Executive Officer, and his brother Carl Fennessy as Chief Operating Officer.
Simon Spalding, Fremantle's Director of Asia Pacific Operations, said in an interview that Grundy Television's premises in Sydney would be refurbished and that, once complete, all Sydney-based staff would be located there. He claimed that this would help to create a 'deeper' production facility and was not a cost-cutting exercise. Spalding also said that although the Grundy name would be disappearing, he was looking at how FremantleMedia could retain the Grundy name and the heritage associated with it.