EXCLUSIVE: Last year, Deadline dove deep into RedBird IMI ‘s plan to rouse its new sleeping giant , All3Media .

But 12 months on, things have been slow going, with little in the way of splashy M&A activity and consolidation aplenty, while All3Media’s federal model has been brought into question.

Insiders say the narrative from within All3Media’s London HQ was expected to be one of expansion but has instead felt more like consolidation, with key decisions like the closure of Hollyoaks producer Lime Pictures ‘ London hub, along with layoffs at Cash Cab producer Lion TV US and All3Media Deutschland, being indicative of the group’s efforts to tighten its grip on costs and reduce duplication. The reality, as ever, is nuanced.

Last year’s acquisition of All3Media by Jeff Zucker

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