Following the deal, Armoza Formats will return to independent status, but retain the exclusive rights to produce ITV Studios formats in Israel.
Armoza Formats announced its is once again an independent producer and distributor, with founder Avi Armoza buying the company back from ITV Studios.
Established in 2005, Armoza Formats is a top creator and distributor of global content internationally. They joined the ITV Studios umbrella in 2019 and in 2022 became ITV Studios’ Israeli production arm.
Going forward the formats company will continue to have exclusive rights to producing ITV Studios’ catalogue of formats –including Love Island and Come Dine With Me– for the Israeli market.
Armoza is currently working on an Arabic-language version of Come Dine With Me and an Arabic-language version of The Chase in addition to original production Cooking Up Memories, which is currently broadcasting on Makan.
ITV Studios will hold on to the Armoza Formats catalogue it acquired, consisting of around 100 titles including Marry Me Now and The Four although future projects created by Armoza will be independently owned by the formats company.
“Adapting to the changing needs of the market – exploring and finding new ways to do business has always been at the heart of Armoza Formats. I’m excited for the next chapter,” said Avi Armoza.
Lisa Perrin, managing director for international production at ITV Studios said: “Under Avi’s leadership, shows like Love Island and Come Dine with Me have launched successfully and I’m really pleased to continue to work with him as he represents our catalogue of award-winning formats.”