FilmNation, NENT Group UK TV JV
January 9, 2019
FilmNation Entertainment and Nordic Entertainment Group (NENT Group) are forming a new UK-based television joint venture, which will operate under the FilmNation brand.
The joint venture will develop, produce and finance premium scripted television content for global audiences, and is currently assembling its creative team.
The two companies will together leverage their established talent relationships and build a dedicated television content pipeline while expanding their global footprints. Both partners bring deep-seated knowledge of the global content marketplace and have successful track records of creating bold and elevated works with some of the world’s most renowned storytellers. The joint venture will work with a wide variety of UK studios, talents and co-financiers. NENT Group will have first option on the exclusive Nordic media rights to all the joint venture’s productions.
“Launching this innovative UK partnership is an exciting step in furthering our overall global strategy to serve as trusted, premium scripted content creators, and to continue to have our platform be a destination for the world’s best storytellers,” commented Glen Basner, FilmNation Entertainment CEO, and Milan Popelka, FilmNation Entertainment COO. “In NENT Group, we have found forward-thinking, creatively-aligned partners who see the exciting future of global entertainment the same way we do, and we’re thrilled to be joining forces with them in a territory that is home to such exceptional creative talent.”
“This milestone partnership with a major international studio creates numerous strategic benefits for NENT Group,” added Anders Jensen, NENT Group President and CEO. “We now have long term access to some of the world’s most prestigious upcoming scripted content and co-own a high growth company in the dynamic UK production market. At the same time, we can offer even more attractive, one of a kind stories to our customers and partners.”
“We are continuing to rewrite the script with this innovative partnership,” claimed Jakob Mejlhede Andersen, NENT Group EVP and Head of Content. “FilmNation Entertainment is a respected and prolific studio with a proven track record. In today’s highly competitive market for premium drama, this joint venture gives NENT Group a compelling advantage and complements our ongoing investments in original content.”