Endeavor Content has struck a partnership a stake in The Night Manager and Fighting With My Family producer The Ink Factory that includes the content financing arm of Endeavor taking a minority stake in the business.
The deal also includes a development fund for The Ink Factory, which also produced Little Drummer Girl, to draw on to produce high-end premium TV dramas for the U.S. market.
As part of the deal, Endeavor Content will have a formal first-look agreement covering both film and TV to sell forthcoming Ink Factory projects internationally.
Following completion of the deal, Chris Rice, co-president of Endeavor Content, will take a seat on The Ink Factory’s board.
The deal was negotiated by Rod Henwood, Chief Strategy Officer, for The Ink Factory, and Tim Robinson, Chief Operating Officer, for Endeavor Content. Raine acted as financial advisors to The Ink Factory on the transaction and Wiggin served as lawyers on the deal.
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Graham Taylor and Chris Rice, Co-Presidents of Endeavor Content said, “Telling global stories to a worldwide audience is the essence of Endeavor Content, and The Ink Factory is uniquely positioned to create content that does just that. We are excited for this next chapter of continued growth together and look forward to what’s to come.”
Simon and Stephen Cornwell, co-CEOs and Founders at The Ink Factory, added, “Today marks a big moment in The Ink Factory’s progress. This partnership with Endeavor Content will help us accelerate our growth as an independent studio and will significantly enhance our US market presence. We look forward to building on the fruitful collaboration we have had with Endeavor Content since their inception as our sales partner on ‘The Night Manager,’ and we are excited to enter the new decade with Chris, Graham and their brilliant team at our sides.”
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