Entertainment. Reach4entertainment enterprises plc (R4E), a UK-based entertainment production group (market cap: £15m), is to acquire 50% of Buzz 16 Productions Ltd. The terms of the deal were not disclosed. Buzz 16, which was founded in 2016, creates sports content and is co-owned by shareholders including former Manchester United footballer and broadcaster, Gary Neville, and former Sky Sports Premier League producer Scott Melvin. The R4E CEO is Marc Boyan, founder of the music-based investor Miroma, and the chair is Michael Grade, former Chair of the BBC and ITV. After a period of restructuring, the company (which is listed on the UK’s secondary AIM market) recently said trading had been ahead of its expectations.
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reach4entertainment buys into Buzz 16
