the company. Interpublic Group agreed to sell assets of Fremantle International to All American Communications Inc. for $63 million in cash and stock on 7 July 1994. All American acquired Fremantle International in August. Paul Talbot continued to own The Fremantle Corporation, the international distributor of All American's Baywatch and other programs until his death in 2005 and the company's assets was later acquired by Canadian-based Kaleidoscope Entertainment in June 2006. All American Fremantle International managed and distributed Mark Goodson Productions' game show formats worldwide. In 1998, All American Television and All American Fremantle International were renamed Pearson Television North America and Pearson Television Licensing, and operated under those names until being renamed in 2001. FremantleMedia (2001–2018) In 2000, German conglomerate Bertelsmann announced that it would form a joint venture between its CLT-UFA group (itself a merger of Luxembourg's CLT and German studio UFA GmbH) with Pearson Television (whose library included former British ITV franchise Thames Television, All American Television—who owned the libraries of Lexington Broadcast Services and game show producers Mark Goodson Productions and Fremantle International, and Australia's Reg Grundy Organisation) to create a multinational media group and content business—eventually known as RTL Group—to consolidate their broadcasting and production activities, and provide a European competitor to American-owned media conglomerates. The content business would be renamed FremantleMedia in 2001, while Bertelsmann would later increase its stake in RTL Group to achieve majority ownership. In January 2018, FremantleMedia sold its Kids & Family Entertainment division to Boat Rocker Media. In July 2018, FremantleMedia North America CEO Jennifer Mullin was named the new CEO of the worldwide company, replacing the outgoing Cecile Frot-Coutaz. Fremantle (2018–present) In September 2018, the company rebranded as "Fremantle", introducing a new handwritten logo. However, the FremantleMedia brand name is still used as the legal name for Fremantle, as seen in their shows' closing credits. On 13 July 2020, Fremantle spun off Storyglass into an independent company within Bertelsmann. On 9 September, Fremantle merged Boundless and Naked Entertainment to form Naked Television. On 10 May 2022, Fremantle acquired a majority stake in Element Pictures, an Irish film studio and television drama production company known for producing films such as The Guard, Frank, Room, The Lobster, The Favourite, and The Nest and television series such as Normal People and Conversations with Friends, both for Hulu, BBC Three, and RTÉ as well as Red Rock for TV3 (co-produced with All3Media-owned