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BBC Studios, the commercial and production arm of the U.K. public broadcaster BBC, has taken full control of British film and TV banner Clerkenwell Films, upping its stake from 48 percent to 100 percent.
The moves also sees Murray Ferguson leave the production company he set up in 1998, which is best known as producer of the BAFTA-winning Netflix/Channel 4 hit The End of the F***ing World, plus shows including Misfits and Lovesick.
Ferguson will oversee the transition before stepping down in the fall, when long-standing executive producer Petra Fried and head of production and finance Wim de Greef will jointly lead the company.
Financial details weren’t disclosed.
“After a hugely fulfilling 22 years, growing Clerkenwell Films from a one-man operation to where it is today, I now feel ready to move on to new things,” said Ferguson. “By leaving Petra and Wim at the helm I have every confidence that the unique culture of the company that I am so proud of will be preserved, and working closely with the great team at BBC Studios that Clerkenwell Films can go on to reach even greater heights in the future.”
BBC Studios initially took a minority stake in the indie in 2008 before increasing its shareholding to 48 percent in 2017, with an option to move to full ownership.
“Murray and his team have built Clerkenwell Films into a world-leading creative force in drama, with a reputation for delivering high-quality programs that attract those elusive younger audiences and excellent relationships with broadcasters and platform operators,” said Mark Linsey, BBC Studios’ chief creative officer. “We are very proud to have been a partner early on in the company’s journey and to be here today to strengthen that relationship further and build on our successes to date.”
Clerkenwell is currently working on an adaptation of Richard Gadd’s one-man stage show Baby Reindeer for Netflix, and The Birth of Daniel F Harris for Channel 4.
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