Zodiak Brasil Bought Out by Local Partners

SÃO PAULO: Zodiak Brasil has been purchased by Carla Affonso, the company’s CEO, and local partner Patrick Siaretta, the owner of Teleimage, with plans to rebrand the outfit as Cygnus Media.

The ownership is being transferred from Zodiak Americas. The company will retain a first-look arrangement with Zodiak Rights for unscripted formats to be adapted for the Brazilian marketplace.

Zodiak Brasil launched four years ago. In that time, it has adapted and produced such formats as Sing If You Can, Oblivious and Deal with It!

“This arrangement gives us both fantastic momentum in a rapidly evolving market and capitalizes on our great synergy with the existing business of TeleImage,” said Affonso and Siaretta. “We are very grateful to Zodiak for the opportunity to grow an independent production business in Sao Paulo from the solid foundations of Zodiak Brasil built over the past four years.”
 
“I’m delighted to see Carla and Patrick become fully independent producers in Brazil and to have them retain a close working relationship with Zodiak in the territory,” said Jonathan Slow, the CEO of Zodiak Americas. “We look forward to continuing to work with them closely for many years to come.”