Seven, Global team

World Brief

Seven Network has inked a 50-50 joint venture with Oz’s largest production services company, Global Television, for a TV production facility.

The new Coventry Street Properties in Melbourne will provide production facilities to Seven and others in the industry. Joint venture uses the current studio facility located near the city center.

Companies say the deal, effective July 1, will allow Seven to share the cost of production infrastructure and reduce its costs by using the Melbourne studios more frequently.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading