The Reg Grundy Organisation (later the Grundy Organisation, then Grundy Television and known informally as Grundy's) was an Australian television production company founded in 1959 by businessman Reg Grundy. It later branched out into Europe and the USA. The company first produced game shows, then branched into soap operas in 1973. In 1995 Reg Grundy sold the company to Pearson Television, which has since become known as FremantleMedia and is part of the RTL Group (in turn 90% owned by Bertelsmann). In 2006 FremantleMedia merged Grundy Television and Crackerjack Productions to form FremantleMedia Australia. Until 2013 the name Grundy still existed in Germany as Grundy Light Entertainment and in Italy as Grundy Productions Italy.