FramantleMedia Invests In Corona TV

FremantleMedia is taking a 25% stake in Corona TV, the newly-created TV production company from renowned filmmaking duo Richard Johns and Rupert Jermyn.

The deal, which gives FremantleMedia a first look option on all Corona TV output, furthers FremantleMedia's ambition to build its scripted pipeline with projects that will have an epic and cinematic feel and attract international co-production funding.

The deal was brokered by FM's Director of Global Drama, Sarah Doole, who will take a seat on the board of the new company.

She said: "Richard and Rupert have together over twenty five years' experience in producing successful feature films. Because of this, they look at scripted projects in a completely different way from most production companies, bringing a big screen presence to the small screen. We’ve looked at their production slate and they have some exciting ideas which are ripe for international co-production funding. Having them as part of the FremantleMedia family gives us some brilliant projects for our scripted pipeline, while our existing infrastructure will help bring their epic ideas to fruition. I can't wait to get started."

www.fremantlemedia.com

(CD)