Untitled Entertainment Forms Joint Venture With TV Production Company Matador (Exclusive)
The move allows the management company for Jared Leto, Penelope Cruz and Naomi Watts to step up its developing, packaging and producing for TV.
Untitled Entertainment, the management company behind Jared Leto, Penelope Cruz and Naomi Watts, is teaming with TV production company Matador to form Untitled/Matador.
The joint venture will enable both companies to develop, package and produce material for TV and digital outlets -- an increasingly important area of the business for management companies.
Untitled has one of the top talent client lists, including Simon Baker, Elizabeth Banks, Connie Britton, David Caruso, Chris Cooper, Rosario Dawson, Matt Dillon, Kate Hudson, Ashton Kutcher, Jessica Lange, Melissa Leo, Ray Liotta, Madonna, Demi Moore, Mike Myers, Chris O’Donnell, Jeremy Renner, Sam Rockwell, Ian Somerhalder, Marisa Tomei, Uma Thurman, Sofia Vergara and Olivia Wilde.
The management company founded by Jason Weinberg and Stephanie Simon also has a stable of TV writers and directors including Ernest Dickerson, Scott Ellis, Tony Goldwyn, David Marshall Grant, Gabriele Muccino, Jeremy Podeswa and Mark Verheiden.
Matador was co-founded by Jay Peterson and Todd Lubin in early 2013, and the company already boasts a slate of 14 TV series and specials in production in New York and Los Angeles. Veteran producer Jack Turner was recently brought on to head up Matador’s scripted department. Under the joint venture, Turner will work closely with the Untitled's staff in Los Angeles, New York and London to develop, package and produce material.
"It's a tremendous opportunity for us," Peterson said. "Combining our production, development and financing capacity with Untitled’s incredible roster of talent as well as their top-notch management and production team essentially gives us the capabilities of a studio that inevitably will result in high-quality content across all platforms.
Attorney Jeanne Newman and Eric Wattenberg of CAA negotiated the deal on behalf of Matador. Attorney Jeff Bernstein repped Untitled.