Newen, a leading French production and distribution group owned by TF1, is expanding to the U.K. with the launch of production company Ringside Studios, in collaboration with “The Fall”…
. The new banner is majority-owned by Newen, with both Neal and DoveTale Media owning stakes in the business.
The new venture reflects Newen’s ambitions to expand its presence across the English-speaking world, following the acquisition of Reel One , the prominent Canadian production and licensing company with strong ties to the North American and global markets. The U.K. market, however, has proven a challenging one to crack for Newen, which launched a €50 million investment fund focused on acquiring British drama back in 2017 with few results to show for it. At the time, Newen had a small office in the U.K. focusing mainly on distribution rather than production.
“Neal will be able to aggregate some top-notch English-speaking talent to form an ambitious creative ecosystem,” said the executive, who joined the company in July 2018 after a long and prolific tenure at Studiocanal where he played a key role in spearheading the expansion of Studiocanal’s TV business across Europe, especially in the U.K. with the acquisition of stakes in Benedict Cumberbatch’s production company Sunny March TV and Urban Myth Films, and in Spain with Bambu Producciones.
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