Participant Media nabs stake in Cineflix Media

Move is company's first major push into TV since Shaprio hire

Participant Media said Tuesday it is buying an equity stake in Cineflix Media, its first major push into television since naming IFC and Sundance topper Evan Shapiro to lead that business.

The two companies will develop and produce original television content along “socially relevant” but commercial themes Participant has pursued in its films.

Jim Berk, Participant CEO, said Cineflix “has grown over the past decade from an independent production start-up to an international media corporation, and our investment in this innovative company provides (us) with the talent and creative resources to expand our business into television.”

“For a company that is proud of its independence, finding the perfect strategic partner was key,” said Glen Salzman, co-founder and CEO of Cineflix. “We’ve long been admirers of Participant’s films and their mission.”

Financial details weren’t disclosed.

Participant’s 39 films include the “The Help,” Steven Soderbergh’s “Contagion,” “An Inconvenient Truth,” “Good Night and Good Luck,” Syriana,” “The Kite Runner” and “Charlie Wilson’s War.”

“The Best Exotic Marigold Hotel” and new documentary “Last Call at the Oasis” will open in the U.S. May 4.

Cineflix produces more than 400 hours a year of scripted and non-scripted programming across genres including “American Pickers,” “Property Brothers,” “Mayday,” William Shatner’s “Weird or What?” and the award-winning “Nazi Hunters.” Its first scripted original series “Copper” will premiere on BBC America this summer.

More TV

  • Michael Ellenberg, Jennifer Aniston, Reese Witherspoon,

    'The Morning Show' Team on Steve Carell's Season 2 Future, Season 1 Criticism

    Although the first season of “The Morning Show” ended on Steve Carell’s former news anchor character, Mitch Kessler, who was fired at the top of the season amid sexual misconduct allegations, finally feeling the weight of what he did, there is no guarantee the second season will see him learn, grow or be around at [...]

  • Kumail Nanjiani

    Kumail Nanjiani on Not Wanting 'Little America' to Focus on the Political System

    Apple TV Plus’s anthology drama “Little America” may not be about politics, but by telling tales of immigrants in a polarizing time, many people feel there is a political undercurrent to its themes. “It is amazing that we are living in a time where kindness, empathy, humanity and shared experience feels like a political statement,” [...]

  • Apple TV Plus Renews 'Mythic Quest:

    Apple TV Plus Renews 'Mythic Quest: Raven's Banquet' Ahead of Series Premiere

    Rob McElhenney, Charlie Day and Megan Ganz’s “Mythic Quest: Raven’s Banquet” has been renewed for a second season ahead of its series debut, Apple TV Plus announced Sunday. The half-hour comedy follows a team of developers as they navigate the challenges of running a popular video game. It was inspired by McElhenney’s visit to Ubisoft’s [...]

  • Apple TV Plus Home Before Dark

    Apple TV Plus Mystery 'Home Before Dark' Renewed for Season 2 Ahead of Series Premiere

    “Home Before Dark,” Apple TV Plus’ mystery series inspired by the real-life reporting of 9-year-old investigative journalist Hilde Lysiak, has nabbed an early Season 2 renewal ahead of its series premiere on April 3. Directed and executive produced by Jon M. Chu and created by showrunners and exec producers Dana Fox and Dara Resnik, the [...]

  • 911 Lone Star rob Lowe

    '9-1-1: Lone Star': TV Review

    In some ways, Rob Lowe is a fit for the Ryan Murphy universe. Something about his actorly vanity — so much a part of his star persona that it tends to impact every project he works on — feels lurid and unseemly in exactly the bad-taste way as does much of Murphy’s work. A plotline, [...]

  • Asa Butterfield in Netflix's Sex Education

    Netflix & Sky Strike Multi-Year Deal To Keep Streamer On Service

    Comcast-owned pay-TV operator Sky and Netflix have hammered out a new multi-year deal to keep content from the streaming giant on the service.  Under the new deal, customers of Sky’s set-top box service Sky Q will have the option to opt in for Netflix’s basic plan, which is priced locally at £5.99 ($7.99) per month. [...]

More From Our Brands

Access exclusive content