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HBO Developing Banking Drama ‘Industry’ With U.K.’s Bad Wolf (EXCLUSIVE)

HBO is banking on emerging writers Mickey Down and Konrad Kay and working up a new drama series set in the world of high finance. Jane Tranter’s Bad Wolf is developing the project for the U.S. cable net, which will be set inside an American bank in London’s financial quarter.

It will follow the young generation just coming into the banking system and how they cope and adapt in the wake of the 2008 financial and banking collapse. HBO explored the crisis in 2011’s “Too Big to Fail,” and “Industry” was born out of the producers reading about the experiences of interns and graduates in the banking world. It has been pitched as a drama about politically aware millennials – and the identity crisis that generation experiences when entering the world of finance.

Bad Wolf is the Wales-based company set up by Tranter and Julie Gardner, the executives who previously ran BBC Worldwide’s U.S. production business, setting up series including “Da Vinci’s Demons” at Starz. Bad Wolf is backed by Len Blavatnik’s Access Entertainment, as well as by Sky and HBO, which has a first look at its projects.

Since launching in 2015, Bad Wolf has helped establish Wolf Studios in Cardiff and is developing a much-anticipated adaptation of Philip Pullman’s “His Dark Materials” for the BBC. It also has fantasy series “A Discovery of Witches” for Sky in production, and period series “The Warlord Chronicles” in development, an adaptation of the Bernard Cornwell trilogy. “Industry” adds a contemporary drama to that roster.

It also underlines Bad Wolf and HBO’s commitment to emerging talent. Down and Kay wrote and directed Kickstarter-funded movie “Gregor,” which received an awards nomination at the 2014 British Independent Film Awards, and there is talk of a TV adaptation for Channel 4 in the U.K. Kay was also a writer on the Sky and NBC series “You, Me and the Apocalypse.”

Both Bad Wolf and HBO declined to comment.

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