Slingshot Global Media announced today that they have entered
into a non-exclusive joint television development venture with EuropaCorp Television Studios. The deal will allow the two companies to combine their resources and expertise to identify globally appealing high end content.
Under the deal, EuropaCorp Television Studios and Slingshot Global Media plan to co-develop and co-finance two projects a year. Their similar models in creating straight to series television projects will allow them a broader reach in the domestic and international markets.
“We’re excited to start working with our new partners in this unique endeavor,” said David Ellender, CEO of Slingshot Global Media. “By joining forces with EuropaCorp Television Studios, we will be able to create globally appealing television by combining our assets.”
Slingshot Global Media recently announced a set of television projects they are developing with Keanu Reeves, Rainand New Angeles, in addition to a new series with Blumhouse Productions, The Sitter. They also entered into a first look deal with El Jefe, the new production company from writer-creators Brian McGreevy, Lee Shipman, and Philipp Meyer.
Recently, EuropaCorp hired veteran TV Executive Producer Matthew Gross as President of EuropaCorp Television Studios U.S. As the French entertainment giant expands its television studio, they have hired Gross to spearhead their development and production slate for the American market. Gross will work along side of EuropaCorp TV toppers Thomas Anargyros and Edouard de Vesinne to expand the Besson brand and increase output.
EuropaCorp Television Studios is a major player in the international space that can fully finance and distribute its projects. As they expand their reach by developing directly for the US television marketplace, they will also pursue co-productions with outside studios on a project-by-project basis.
Anargyros and de Vesinne have produced many shows in Europe including No Limit,The Passenger and were the first French producers to develop and produce a successful international series for the world market, with the series XIII. This past summer, EuropaCorp’s Taxi Brooklyn aired on NBC.
“The Slingshot Global Media / EuropaCorp Television Studios alliance creates a ‘whole is greater than the sum of its parts’ scenario,” said Gross. “By joining forces it strengthens our financing and distribution abilities with the straight to series model. We look forward to working closely with David and Quan and producing successful event television together.”
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About Slingshot Global Media
Slingshot Global Media, which formed in early February 2014 in partnership with TPG Growth, develops and produces high-quality drama and comedy television programming for the multi-platform U.S. television market. Veteran television executive David Ellender and Quan Phung, President of Scripted Television, are working closely with established content creators, as well as young literary talent to nurture and develop commercial returning series and limited run event programming, in addition to serving as the Los Angeles bridge-head between the North American and European television markets, handling with international co-financing, co-production, and pre-sale deals.
About TPG Growth
TPG Growth is the middle market and growth equity investment platform of TPG, the global private investment firm. With $3.6 billion under management, TPG Growth targets investments in a broad range of industries and geographies, utilizing leveraged buyout, growth equity, and private investment in public equity (PIPE) structures. The firm is backed by the resources of TPG, which has $55.7 billion of assets under management. TPG Growth has offices in the United States, China and India. For more information, visitwww.tpggrowth.com.
About EuropaCorp
EuropaCorp ranks among the top European film studios and was founded by French director, screenwriter and producer Luc Besson in 1999. EuropaCorp's different divisions include feature film and television finance, production and distribution, home entertainment, VOD – TV and now movie theatre management, since the inauguration in October 2013 of the first EuropaCorp CINEMAS multiplex in Aéroville. EuropaCorp's integrated financial model generates revenues from a wide range of sources and has a strong presence in the international market; the group has produced some of the most successful French films worldwide to date. In February 2014, EuropaCorp created a U.S. distribution and marketing joint venture with Relativity Media (RED Distribution), that allows EuropaCorp to fully control it distribution in the U.S. and maximize the visibility for its films.EuropaCorp also recently announced $450 Million in financing from J.P. Morgan, Sun Trust Bank, and OneWest Bank in order to expand their English-language slate of projects. EuropaCorp’s catalogue includes 500 films and the company employs 150 permanent staff members. Recently, EuropaCorp released the hugely successful film LUCY, starring Scarlett Johansson. Upcoming films include Taken 3, Transporter 4, The Lake, Sea at War, Warriror’s Gate and The Mechanic.
For more information, visitwww.europacorp-corporate.com
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