Monday Media Acquires Majority Stake in Rabbit Films

Monday Media has acquired a majority stake in the Finnish production company Rabbit Films, behind such formats as Over the Atlantic and Ultimate Escape.

The move follows on Monday Media’s recent acquisition of Danish producer Impact TV. Monday Media now runs a total of 13 labels in Denmark, Norway, Finland and the Netherlands.

“It’s a big day for us. We are very happy to add such a successful and creative company to our group and very excited to be working with the highly skilled team in Helsinki,” said Morten Bank, chairman of Monday Media.

The current management team, CEO Olli Suominen and Creative Director Tuomas Summanen, will continue in their positions and as co-owner of Rabbit Films.

Morten Bank, group chairman of Monday Media, commented, “Olli, Tuomas and the rest of the team have proven to be some of the most creative format developers and producers in our region. We are so pleased that they are joining the group in our ambition to continuously deliver top entertainment and formats out of the two most creative regions in Europe—the Nordics and Benelux.”

Suominen added: “This deal is a natural next step for us after more than 20 years of content creation with the Dudesons as majority owners. We are proud of what we have achieved to this point, but we are looking forward to becoming part of a strong and ambitious group in pursuit of future successes and creativity in an ever-intensifying competitive environment.”