CMC


Warner Bros. int’l exec exits after 42 years

Warner Bros. is saying goodbye to one of its longest-serving international executives. Richard Fox has been with the Burbank studio for 42 years, spending the last quarter of a century as executive VP of international. He will leave this summer, according to Warner Bros. Entertainment chairman and CEO Kevin Tsujihara, who made the announcement. Fox […]

China’s CMC buys into CAA

Chinese media investment giant CMC Capital Partners has bought a minority stake in the CAA talent agency in a deal that sees the establishment of CAA China. CMC has taken an unspecified stake in CAA and its chairman, Li Ruigang, will join the board of the agency. The new CAA China unit, which will have […]

IM Global hires Phil Gurin for formats push

IM Global has hired Phil Gurin and the formats veteran will create a new unscripted unit for the US-based producer and distributor. Gurin will build new formats teams in LA, London, China and Lat-Am. In his new role, Gurin will be president of unscripted and alternative content and report to IM Global’s CEO Stuart Ford (pictured, […]

Discovery buys into Chinese MCN

Discovery has acquired a stake in VS Media, a Chinese multichannel network business. The MCN offers Chinese consumers locally made entertainment content from a roster of 500 creators. It works with the content creators, giving them studio space, funding, marketing and commercial assistance, and VS Media content now registers about 320 million views a month. […]

Brexit: what does it mean for kids TV?

The kids TV business is starting to weigh the impact of Britain’s pending European Union exit. The kids sector in the UK was already under pressure, with the amount of locally made content steadily declining, and there was immediate concern over what Brexit will mean in terms of coproduction, access to EU funding and schemes, and […]

Turkish DJ format remixed in China

Turkish DJ format The Remix has been picked up for the Chinese market by a local rights and production group. IPCN, which has brought shows including Got Talent and The Voice into China, has struck an option deal with Remix creator and owner Global Agency to produce a local version. The Remix is a weekly primetime […]

Mick Desmond exits IPCN as CMC buys in

China-focused rights business IPCN has secured an injection of capital from Chinese state-backed private equity fund CMC, while former ITV executive Mick Desmond has sold his share in the company and exited the business. The undisclosed investment from CMC, executed through its investment vehicle Gravity, gives it 48.1% of a new holding company, Pegasus. IPCN […]

FremantleMedia, SMG team for China formats

Producer and distributor FremantleMedia has joined forces with Shanghai Media Group’s BesTV and China Media Capital to create a new China-based division that will make entertainment formats for the local market. The new division will be based in Shanghai and develop original content for the Chinese market. FremantleMedia will sell the resulting formats internationally. FremantleMedia […]

UK producers lobby for kids live-action tax break

The UK independent producers association Pact will start a lobbying effort aimed at securing a tax break for live-action kids programming later today. Pact boss John McVay will make the case for the new tax break at the Childrren’s Media Conference, which is taking place in Sheffield this week. He will tell CMC delegates that […]