You will be redirected back to your article in seconds

BBC Worldwide Announces $190 Million Drama Fund With Anton

BBC Worldwide is partnering with Sebastien Raybaud’s Anton to create a £150 million ($190 million) fund for investment in high-end British drama with international appeal.

The Drama Investment Partnership will aim to speed up the process of bringing premium drama projects by British companies, such as upcoming series “McMafia” (pictured) and Jane Campion’s “Top of the Lake: China Girl,” into production by having funds available at the point of commission.

“With the Drama Investment Partnership, we are actively bringing new funding opportunities to the market, consistent with our history of pioneering financing and partnership deals,” Tim Davie, CEO of BBC Worldwide, said in a statement.

The fund is initially scheduled to run for three years. BBC Worldwide said it expected to greenlight a slate worth “at least £150 million” during that initial period. BBC Worldwide will select projects for development and investment to be financed through the partnership and also handle global marketing and distribution.

Davie said the two companies were confident the new fund would “unlock greater opportunities for content-makers and commissioners to ensure the very best of British drama continues to be made for audiences across the world.”

The Drama Investment Partnership is structured as an exclusive co-financing partnership between BBC Worldwide and Anton, with both companies providing funding. Anton has had a slate co-financing deal with Studiocanal since 2011, investing in such projects as “Tinker Tailor Soldier Spy,” “The Imitation Game,” and family hit “Paddington” and its upcoming sequel.

In May last year Anton also announced a slate co-financing deal with Canada’s Elevation Pictures that would include output deals with Black Bear Pictures, Bleecker Street Films and Bold Films. That deal saw it commit to investing in up to 25 projects per year. Titles that have already benefited from the deal include Oliver Stone’s “Snowden,” Peter Berg’s “Deepwater Horizon” and John Lee Hancock’s “The Founder.”

More TV

  • Crackle Latin America

    Sony Shuts Down Crackle Latin America Business

    Sony Pictures Television is folding the Crackle Latin America subscription VOD service, which has 400,000 subscribers across 17 countries, after concluding the business isn’t economically viable. Crackle Latin America first launched in April 2012 as an ad-supported streaming service — like the U.S. version of Crackle — before switching in 2016 to a subscription video-on-demand [...]

  • Empire of Sand Book

    Kronicle Media, Amyale, Rebel Maverick Option YA Novel 'Empire of Sand' for TV (EXCLUSIVE)

    Production companies Kronicle Media, Amyale and Rebel Maverick have partnered to develop the YA fantasy novel “Empire of Sand” by Tasha Suri as a TV series, Variety has learned exclusively. The novel by first-time author Suri is centers on Mehr, the illegitimate daughter of an imperial governor and an exiled Amrithi mother–a member of a race of [...]

  • 'NYPD Blue' Sequel Pilot Casts Fabien

    'NYPD Blue' Sequel Pilot Casts Fabien Frankel in Lead Role

    The “NYPD Blue” pilot at ABC has cast newcomer Fabien Frankel in the role of Theo Sipowicz, Variety has confirmed. Theo is the son of Andy Sipowicz, who was played in the original series by Dennis Franz. Like his father he is described as a hard-drinking, hard-headed, and quick-witted cop. Frankel is a recent graduate of the London Academy of [...]

  • Bradley Whitford photographed at the PMC

    Bradley Whitford on the 'Obligation' to Speak Out Politically

    Having starred on Aaron Sorkin’s “The West Wing” for seven seasons, Bradley Whitford is certainly no stranger to political television. Now he’s in two more such series: Nat Geo’s exploration of the dot-com era, “Valley of the Boom” in which he plays real-life Netscape CEO James Barksdale, as well as Hulu’s “The Handmaid’s Tale,” in [...]

  • 'Vikings' Alum Travis Fimmel Among 10

    'Vikings' Alum Travis Fimmel Among 10 Cast in TNT Drama 'Raised by Wolves'

    TNT has set 10 cast members for the Ridley Scott-produced drama “Raised by Wolves.” The show, which was ordered straight-to-series in October, centers on two androids tasked with raising human children on a mysterious virgin planet. As the burgeoning colony of humans threatens to be torn apart by religious differences, the androids learn that controlling [...]

More From Our Brands

Access exclusive content