×

Veteran U.K. Media Investor Terry Back Joins ACF as Chairman

CANNES — Veteran U.K. film industry investor Terry Back has joined ACF investment bank as chairman.

ACF, headed by CEO Thomas Dey, has been at the forefront of the M&A activity around independent TV and film production outfits, mostly in the unscripted TV arena. ACF is in the midst of expanding its activities in the area of capital fundraising amid the renewed interest in content shown by private equity players.

Back will help lead this push that also includes the appointment of a new senior associate in ACF’s London office. John O’Brien comes to the company from the U.K. software firm Access Group.

Back was previously a partner and board member of U.K. accounting giant Grant Thornton. At present he serves on the boards of a number of media companies including animation producer and rights owner Acamar Films and feature film sales agent and executive producer Embankment Films. ACF principles Dey and Richard Gray, who heads ACF’s Los Angeles officer, previously worked with Back during their tenures at Grant Thornton.

“These key senior appointments bolster our existing senior team to support our rapid expansion and growth plans as we see an increase in talent and brand-led content producers looking to fundraise or sell, and private equity money returning to TV, in order to capitalize on the massive opportunity presented by the new SVOD platforms,” said Dey.

Back, Dey and others from ACF will be on hand here this week for the annual Mipcom gathering of international TV and digital content buyers.

More Biz

  • Nick Cannon Drew Barrymore Lauren Lake

    NATPE 2020: Industryites Hope Marquee Names Help Drive Daytime Turnaround

    A little momentum goes a long way in daytime. After a long slump, the first-run syndication market has come back to life this year with several high-profile new talk shows headed for this year’s NATPE conference in Miami, which runs Jan. 21-23. Nick Cannon is extending his multimedia endeavors into daytime. So is actor-entrepreneur Drew [...]

  • Mandatory Credit: Photo by Richard Sowersby/REX/Shutterstock

    Joint Sky & NBC News Channel Confirmed, Set To Rival CNN & Bloomberg

    Comcast confirmed plans to launch a global news platform with Sky News at the launch of its highly anticipated streaming offering Peacock. Variety understands that the channel will be a brand new service that exists independent of Sky News and NBC News, with bases likely to be set up in London and New York and a [...]

  • Recording Academy President/CEO Deborah Dugan participates

    Grammy Shocker: Deborah Dugan Ouster Was a ‘Coup,’ Insiders Say

    As the music industry reeled in the wake of Deborah Dugan’s sudden removal from her post as president/CEO of the Recording Academy on Thursday — a mere five months after she’d taken charge, and just ten days before the Grammy Awards — even insiders were stunned by the abruptness of the move and perplexed by [...]

  • Peacock Launch: NBCUniversal Tries New Way

    Peacock Launch: NBCUniversal Tries New Way to Deliver Old-Fashioned Bundle of TV

    In the big unveiling Thursday on the “Saturday Night Live” stage at 30 Rock, NBCUniversal leaders described Peacock as a 21st century iteration of a broadcast network. For sure, the Comcast answer to the streaming wars is taking a broadcasters’ approach to programming and distributing the service that Comcast hopes might eventually represent the next [...]

  • Maoyan Entertainment

    FountainVest Buys Stake in China's Maoyan Entertainment

    Asian private equity firm, FountainVest Partners has acquired a significant minority stake in Chinese film ticketing and distribution firm Maoyan Entertainment in a deal worth about $134 million dollars. Maoyan listed its shares on the Hong Kong Stock Exchange in an IPO last year. FountainVest owns 92.6% of shares in Interstellar Investment, which in turn [...]

  • Weinstein Trial

    D.A. Accuses Weinstein Defense of Excluding White Female Jurors

    A prosecutor accused Harvey Weinstein’s defense team on Thursday of systematically excluding young white women from the jury. Seven jurors have been selected so far, but none of them are white women. On Thursday afternoon, the defense eliminated at least seven white women from two panels of prospective jurors. Joan Illuzzi, the lead prosecutor, made [...]

  • Artist Partner Group Promotes Miles Beard

    Artist Partner Group Promotes Miles Beard to Senior VP, Powers up Leadership Team

    Artist Partner Group (APG) has strengthened its senior leadership team with several staff promotions, including: Miles Beard to SVP of A&R; Eli Piccarreta to VP of A&R; Jessica Kelm to VP of Digital Marketing; while Nikisha Bailey has been hired as VP of A&R Admin & Operations. Beard, Piccarreta, and Bailey will report to CEO Mike Caren, [...]

More From Our Brands

Access exclusive content