• Home,
  • Our People,
  • Contact,
  • Terms,
  • News,
  • IMAC,
  • VCT,

INGENIOUS

Home
  • Asset Management,
  • Consulting,
  • Corporate Finance,
  • Investments,
  • Ventures,
  • Who We Are,
  • Our Approach,
  • Our Services,
  • Recent Deals,
  • Our Team,
Please click on one of the options below for information on selected deals we have completed:
  • i-level
  • The Engine Group / Hogarth
  • The Engine Group
  • 12 Yard
  • Wall to Wall
  • Objective Productions
  • The Search Works
  • Channel 4
  • Purple Ronnie
  • The Engine Group / DC Interact
  • The Engine Group / Karen Earl
  • Mmd
  • Ricochet
  • Inmedia Communications
  • sit-up
  • RDF Media
  • 19 Entertainment
  • Shed Productions
  • Stage Three
  • Grayling
  • Hat Trick
  • Robbie Williams
  • PFD
  • Talkback
Logo - Channel 4

Channel 4


Ingenious Corporate Finance has advised Channel 4 on its joint venture (JV) agreement with Emap plc, which aims to create the UK's number one music TV provider.

Under the terms of the agreement, Channel 4 has acquired 50% of Box Television Limited, which owns Emap's music TV business, for a cash consideration of £28 million, subject to a post completion working capital adjustment. The agreement includes a price adjustment mechanism capped at £4 million dependent upon the JV's performance over the next three years. Box Television comprises seven digital music TV channels: The Box, Smash Hits, Kerrang!, Q, Kiss and Magic, and lastly The Hits, which is the UK's most-watched music TV channel.

The JV will benefit from the combination of Channel 4's premium music-based content and expertise in digital channel and platform management and Emap's TV brands and distribution. There will be increased cross-promotional opportunities spanning both media companies' portfolios.