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Israel’s Reshet13 strikes co-pro & co-financing pact with ‘Devil’s Confession’ firm Sipur
Israeli broadcaster Reshet13 and Tel Aviv-based studio Sipur have struck a multi-year co-financing and co-production agreement.
The two companies will work together on scripted, format and documentary projects with strong potential for both the global market and Reshet13.
The deal comes after Sipur (fka Tadmor Entertainment) extended its first-look co-development, co-production and co-financing deal with MGM in May last year, with the company also having teamed up with The North Road Company, for its first international co-studio scripted deal, Bad Boy.
Other productions from the company include the reality series Hungry For Love, Munich ’72 and The Devil’s Confession: The Lost Eichmann Tapes.
Sipur, which is backed by Poalim Equity, Clal Insurance Enterprises and IBI Investment House, said that it aims to “cover the ever-growing financial gap in Israel and in the international market.”
Emilio Schenker, CEO of Sipur, said that the agreement provides the company with “a long-term launchpad for new international co-productions.”
Meir Kotler, deputy CEO at Reshet13, added: “Investing in original local content is of the upmost importance and we at Reshet13 view this as a growth driver. Collaborating with a partner such as Sipur will increase the scope of our investment in local talent and creativity, thus not only benefiting Reshet13 but the local production industry as a whole.”