Rose and Oaks Media announces it has acquired Rapid Blue from BBC Worldwide, marking a transfer of ownership for the South African production company. The deal signals a shift back to local ownership for Rapid Blue, which is described by the outlet as one of the country’s most influential production companies. The available reporting does not provide additional deal terms, the purchase price, or the full scope of what changes following the acquisition, such as management restructuring, production slate, or distribution arrangements. It also does not specify timelines for any operational transition. Overall, the sources agree that the transaction involves Rose and Oaks Media taking ownership of Rapid Blue from BBC Worldwide and that this represents a new chapter for the business within South Africa’s television industry. The announcements are framed as a move that brings the company’s control closer to the local market, though details beyond the ownership change are not included in the supplied accounts.