Sky, Former Discovery International CEO Buy Stakes in U.K. Production Firm Sugar Films
Mark Hollinger, the former head of Discovery Networks International, will also become the company's chairman.
European pay TV giant Sky has acquired a minority stake in Sugar Films, a U.K.-based TV and digital production company founded last year by industry veterans Kwadjo Dajan, Narinder Minhas, Lucy Pilkington, Nav Raman and Pat Younge.
Former Discovery Networks International president and CEO Mark Hollinger is also buying a stake in the company and will become its chairman.
Financial details weren't disclosed.
The investments will support Sugar Films in "the creation and delivery of scripted and non-scripted projects, both in the U.K. and internationally," the partners said.
Sugar Films says it aims to produce "bold, popular and provocative television and digital content for mainstream and diverse audiences." It has secured such commissions as a digital shorts series for Britain's Channel Four and White Boys and Black Heroes, a documentary for BBC Two about the social impact of the growth in the number of black professional soccer players in Britain.
Sky’s international production and distribution business, Sky Vision, will become Sugar Films’ exclusive distribution partner, and will represent all new programs and formats.
"Sugar Films is a dynamic production company with a mix of experienced executives and cutting-edge creative talent," said Sky Vision managing director Jane Millichip. "In a short space of time, they have built an impressive development slate of both scripted and non-scripted shows. We’re really excited to be working with them to build the business both in the U.K. and internationally."
Said Hollinger: "I have worked with both Pat [Younge] and Sky for many years, and am absolutely delighted to be part of this compelling partnership. Sugar Films is a team of terrific creative executives, and the support that Sky brings to the mix should mean great things for Sugar."