LONDON — Ingenious Media Active Capital has invested £3 million ($5.9 million) to set up the Digital Rights Group, which in turn has agreed to acquire Portman Film & TV.
Portman chief exec Jeremy Fox and chairman Chris Wright will become CEO and chairman respectively of DRG.
With backing from IMAC, they intend to build the group into one of the U.K.’s leading independent TV distributors. It will buy finished programs and formats, with a particular focus on exploitation across multimedia platforms, including mobile and IPTV.
Portman, one of the oldest names in British indie TV production, was taken over two years ago by Wright, who formerly ran Chrysalis, and Fox.
Portman’s current lineup includes the drama series “Doc Martin” and “Kingdom,” and formats “This Is Your Life” and “Game for a Laugh.”