Sony Pictures Television has acquired a majority stake in Eleven, the British production banner behind Netflix's global smash hit series SexEducation
for Netflix, starring Tom Hiddleston as a young politician set to become Prime Minister, and young adult horror series"For some time, we have watched on as Jamie and Joel built one of the most exciting drama companies in the U.K.," said Wayne Garvie, president, international production at Sony Pictures Television. "Their ability to spot and develop new writing and acting talent and their eye for a unique and compelling idea make them an irresistible pairing.
In the 2010s, Sony Pictures Television was known for actively hunting for deals, buying stakes in various production firms, including Britain’s Left Bank Pictures and Blueprint Television, as well as Sweden’s Palladium Fiction, to expand its drama production footprint to meet the increased demand for high-quality drama around the world.
But as of late, Sony Pictures Television has again focused on diversifying its production portfolio. In December, it expanded further into children’s programming with a deal for London- and New York-based Silvergate Media. And in February, it pushed into sports and live entertainment production with a deal with Britain's Whisper Films. The Eleven investment marks the latest step in the firm's dealmaking.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kylie Jenner’s Not Alone: Kim Kardashian’s Beauty Company Is Now Worth $1 Billion - E! OnlineThe KKW Beauty owner struck a deal with Coty Inc., which recently bought a majority stake in her sister Kylie Jenner's cosmetics company
Read more »
Kim Kardashian West to Make Even More MoneyCoty, Inc. has bought a 20% stake of KKW Beauty for $200 million, valuing the company at $1 billion
Read more »
SPT Signs Multi-Project Development Deal with Chile’s Jose Ignacio Valenzuela (EXCLUSIVE)In a landmark deal, Sony Pictures Television (SPT) has inked a multi-project development deal with acclaimed Chilean writer and author Jose Ignacio ‘Chascas’ Valenzuela, a prominent voice in the LG…
Read more »
Blackstone Buying Big Stake In Three Los Angeles Studios, Owners Planning To ExpandInvestment group Blackstone is buying a big minority stake in three Hollywood studios — Sunset Bronson, Sunset Gower and Sunset Las Palmas Studios — with 35 sound stages (1.2 million sq…
Read more »
Montana ban on funding church schools with public money struck down by Supreme CourtThe court’s 5-4 ruling, with conservatives in the majority, came in a dispute over a Montana scholarship program for private K-12 education that also makes...
Read more »
‘1922’ & ‘Harry And Meghan: A Royal Romance’ Outfit Lighthouse Pictures Taps VP Of ProductionEXCLUSIVE: Canadian company Lighthouse Pictures has hired producer Trevor McWhinney as VP of Production, responsible for supervising the planning, coordination, and execution of Lighthouse’s TV and…
Read more »