Arise Pictures was co-founded by David Raymond (left) and Chris Pettit
LONDON — Zodiak Rights, part of the Banijay Group, has inked a multi-year first-look finance and distribution deal with Arise Pictures, which is anticipated to garner $150 million of scripted content across Arise’s slate.
Arise Pictures’ original slate of programming was created and written by its co-founder, Los Angeles-based British writer-director David Raymond. Executive producer Chris Pettit, who co-founded Arise Pictures with Raymond, runs the business, finance and advisory operations of the production and finance company.
The first series under the deal is expected to go into production later this year. Further announcements are expected to follow.
“For me the great thing here is the creative support. By collaborating with a global partner we have been able to create a flexible commercial framework which puts the creatives first and molds the finance plan around the project’s individual requirements. It’s liberating and gives us a platform to focus on narrative and hopefully create content that audiences are going to want to return to,” Raymond said.
“With the scripted market currently enjoying such expansion and diversification Zodiak Rights is continuing to build on its successes and future ambitions,” Caroline Torrance, head of scripted, Zodiak Rights, added.
Zodiak Rights’ scripted programming includes big-budget Canal Plus flagship drama “Versailles”; “The Returned,” an International Emmy Award winner sold in more than 100 territories; “Wallander,” the BAFTA award-winning drama series for the BBC starring Kenneth Branagh; “Braquo,” the top-rating French drama; and political suspense thriller “Occupied.”