FremantleMedia, RTL Group’s entertainment powerhouse, has launched a e40 million ($58 million) fund to nurture talent partnerships and is kicking it off with three deals in collaboration with Talkback Thames, its U.K. production arm.
U.K. comedy scribe Graham Linehan, whose hits include “Father Ted” and “The IT Crowd,” will set up his own shingle at Talkback; latter has picked up a minority stake in British thesp Trevor Eve’s Projector Prods.; it also is investing in upstart drama house Hillbilly.
The fund will initially focus on the U.K. and the U.S. but intends to target opportunities across the outfit’s international production activities.
“The talent fund will allow FremantleMedia to build on one of our most important assets, our strong relationships with talent,” said Christian Schneider-Sickert, FremantleMedia’s director of operations and strategy.
“We have a great track record in partnering with some of the industry’s best creative and on-screen talent, turning ideas into global entertainment and drama brands, while exploiting the intellectual property throughout the world and across all platforms.”
Talkback Thames CEO Lorraine Heggessey added: “It is a real coup to have such high profile talent in comedy and drama join forces with Talkback Thames.”