Lionsgate Acquires Three Nonscripted Series
The company picks up "The Mentor," "It's Worth What?" and ABC's upcoming "Million Dollar Mind Game" from Merv Griffin Entertainment.
Lionsgate is continuing its push into nonscripted programming, teaming with Roy Bank’s Banca Studio and picking up a slate that includes The Mentor, It’s Worth What? and Million Dollar Mind Game.
Under the three-year joint television deal with Banca, Lionsgate will purchase the production and development slate Bank developed during his tenure as president of television at Merv Griffin Entertainment.
Projects included in the deal include Bloomberg Television’s The Mentor, NBC’s Cedric the Entertainer-hosted summer game show It’s Worth What? and ABC’s upcoming Million Dollar Mind Game, which will bow Oct. 23.
“Roy embodies the kind of expertise and entrepreneurial spirit we prize so highly,”Lionsgate Television Group president Kevin Beggs said Thursday in a statement announcing the news. “He has had impressive success as an innovative producer and industry executive, and we look forward to an exciting collaboration.”
Brian Veskosky will join Bank at Banca Studio and serve as executive vp, overseeing all facets of the endeavor.
“My dream has always been to launch my own production company and continue to create programming that I can be proud of and people will enjoy,” Bank said. “Having the power of Lionsgate behind me and working day-to-day with executives like Kevin Beggs and Sandra Stern is an incredibly exciting and powerful way for me to achieve that dream.”
Bank is a former head of development and production at Mark Burnett Productions and has worked on series including The Apprentice and Are You Smarter Than a 5th Grader.