Entertainment One and The Mark Gordon Company Partner for Film and Television Studio
The independent studio will finance and produce film, network, cable and digital premium content, which eOne will distribute internationally
Entertainment One (eOne) and The Mark Gordon Company have announced a partnership to create an new independent studio that will finance and produce film, network, cable and digital premium content, which eOne will distribute internationally.
The new L.A.-based studio will be led by Mark Gordon as CEO and will continue to produce content for The Mark Gordon Company as well as finance projects by other producers. MGC is behind television hits Grey's Anatomy, Criminal Minds and Ray Donovan, and Gordon has helped produce box-office hits such as Speed, The Day After Tomorrow and Saving Private Ryan.
The deal will see eOne taking a significant stake in MGC. The new entity combines one of the most successful film and television producers with a company that has an extensive international distribution network.
"As producers, we have been successful in bringing the vision of talented creators to large audiences. We can now expand our contribution to include financing and strong global distribution. There is a voracious appetite for premium original content worldwide. In order to realize the true value of our content, retention of rights ownership and control of international distribution are musts," said Gordon in a statement. "In eOne, we have found partners that share our vision of supporting the creators and are immersed in the international marketplace with great ambitions to expand in the U.S. Together, we are building an alternative to the traditional studio way."
Darren Throop, president and COO of Entertainment One, said: "We are delighted to enter into this partnership with Mark and his team. Mark brings a wealth of experience and talent to the table. The Mark Gordon Company creates first-class content and has been entertaining audiences around the world for many years. As eOne continues to build its global platform, partnering with strong creative companies like The Mark Gordon Company is right on strategy and I am very excited to welcome them to the larger eOne family."
The Mark Gordon Company confirmed that it will complete its tenure with ABC studios and that it will continue to develop and produce film content across all genres, including the production of studio films.
eOne's U.S. television business will continue developing, financing and producing programming, operating independently of MGC. eOne also said it plans to leverage its digital expertise to enhance the interactive potential of the content produced by the studio.