International distributor DCD Rights is to ramp up the number of third party series it distributes after striking an investment deal with Timeweave.
The two companies have struck a financing deal to partner on the acquisition of new third party distribution rights.
The first series to be announced under the deal is factual series Coast Guard Florida and a second season of Coast Guard Alaska, both from Al Roker Productions.
“This fund will be enormously beneficial to increasing our presence in the marketplace as a major distributor and will allow us to expand our footprint in a more aggressive way than previously” says Nicky Davies Williams, CEO, DCD Rights.
“We are delighted to have reached agreement to enable the DCD Rights business to acquire a significant library of content and look forward to developing the business under the excellent stewardship of Nicky and her team,” added David Craven, CEO, Timeweave.
