The company, which is working on a TV adaptation of “The Spy Who Came In From the Cold,” has completed a new financing round. As well as new film and TV investment, the London- and L.A.-based production company said it will be putting resources into ramping up its digital content offering.
One of the new backers of the company is Hong Kong and London-based media investment firm 127 Wall Productions, which will contribute to The Ink Factory’s upcoming film and TV projects. Natixis Coficiné has arranged the debt component of the deal and will provide additional cash flow.
“Hotel Artemis” will be the first project financed by The Ink Factory through its partnerships with 127 Wall and Coficiné under the new arrangements. Starring Jodie Foster, Jeff Goldblum, Sterling K. Brown, and Dave Bautista, the movie is currently in post-production in the U.S. and will be released in late 2018.
“The Little Drummer Girl” adaptation, starring Florence Pugh (“Lady Macbeth”) and directed by Park Chan-wook, will also be financed under this agreement.
“We are thrilled to be partnering with 127 Wall to build on the fabulous platform provided by John Le Carré’s extraordinary body of work,” said Simon and Stephen Cornwell, co-CEOs of The Ink Factory, and Le Carré’s sons, in statement. “On top of this, we are already in development on projects with other exciting authors and storytellers.”
“We are delighted to partner with the talented team at The Ink Factory to bring intelligent and engaging stories to TV and movie audiences around the world,” said Arthur Wang, co-chairman of 127 Wall. “We are especially excited by the creative and commercial dimensions of our collaboration, including in the growing markets in our home base in Asia.”
The Ink Factory is a hot producer in the wake of “The Night Manager,” which aired on the BBC and AMC, and with its slate of TV and movie projects. Besides adaptations of Le Carré’s works, the company has recently optioned books such as Andrew Michael Hurley’s new novel “Devil’s Day.”