Deal was unveiled Tuesday by Northern Pictures owner David Haslingden and Keshet Intl.’s managing director Alon Shtruzman.
Under the agreement, Keshet Australia will be jointly owned by RACAT, the conglom that owns Northern Pictures, and Keshet Intl.
Northern Pictures will have the rights to more than 50 Keshet Intl. properties.
Haslingden, who recently purchased Northern Pictures, NHNZ and Singapore-based Beach House Pictures, sees the deal as a key step for Northern Pictures, which is moving into new genres.