Content Media nabs stake in Jigsaw

Film, TV, digital divisions to distrib projects overseas

Content Media Corp. has bought a 50% stake in Alex Gibney’s New York-based Jigsaw Prods.

Content’s film, TV and digital divisions will serve as the international distributor for Jigsaw’s projects “where appropriate,” and aims to expand development and increase production output at the shingle.

Content will also add staff to Jigsaw’s operations and will collaborate on a raft of projects including an upcoming HBO show produced and helmed by Gibney; an untitled documentary on rock group the Eagles produced by Gibney and directed by Alison Elwood; “Finding Fela!,” a docu on the Nigerian singer; and “Park Avenue,” a documentary in the series “Why Poverty?”

Jigsaw is also developing two original features as well as a miniseries based on Ali Soufan’s book “Black Banners.”

The shingle boasts a slate of acclaimed docs including “Taxi to the Dark Side,” “Enron: The Smartest Guys in the Room” and “Magic Trip.”

“We have a prolific documentary production business here at Jigsaw, and I have wanted for some time to expand into episodic television, international rights and additional fiction projects,” Gibney said. “Content’s investment in Jigsaw and its sales platform and management team will give me the resources to do that.”

Content CEO John Schmidt added: “This new partnership is a further example of our continued strategy to expand our portfolio through collaborations with world-renowned producers.”

The Jigsaw deals adds to Content’s investment stakes in several outfits including L.A.-based reality TV producer Collins Avenue, Toronto-based Phase Four Films and Spirit digital media.