Sony Pictures Television Buys Stake in Swedish Drama Producer Palladium
The leaders of the company behind mystery-noir drama 'Jordskott' have a "distinctive voice that is edgy, thought-provoking and entertaining," says Andrea Wong, president, international production at SPT.
Sony Corp.'s Sony Pictures Television on Tuesday unveiled that it has acquired a minority stake in Swedish production company Palladium Fiction.
It didn't specify the size of the stake or the price tag.
Palladium Fiction, founded in 2014 and headquartered in Solna, is led by Henrik Bjorn, Filip Hammarstrom and Johan Rudolphie, the three creatives behind mystery-noir drama Jordskott, which won Sweden’s Kristallen award for best TV drama last year. Palladium focuses on high-end international dramas, with SPT distributing them around the globe.
For Sony, the investment continues to build on its strategy of expanding its global drama footprint to meet the increased demand for high-quality drama around the world.
"Palladium are a great complement to our growing portfolio of high-quality drama production companies," said Andrea Wong, president, international production at SPT. "Collectively, Henrik, Filip and Johan have a distinctive voice that is edgy, thought-provoking and entertaining. Their talents are evident in their ambitious development slate, and we look forward to helping them build on their success."
Palladium producer Hammarstrom said: "Sony is outstanding creatively and makes a fantastic business partner with a strong international production and distribution network that will help us maximize opportunities as we expand our global reach."
Writer and film director Bjorn added: "This is a really exciting time for original quality drama. We are driven by our love of storytelling, and we hand-pick projects close to our heart. This collaboration with Sony gives us the tools to create compelling stories for viewers worldwide."
Palladium is currently in development on a second season of Jordskott with Swedish network SVT. It also has three other projects in development, including a new one in partnership with Jimmy Desmarais, the producer of such high-profile French dramas as The Returned and Last Panthers.