ITV Studios Buys Majority Stake In ‘Merely’ Producer Lingo Images In Australia

ITV Studios has obtained a majority stake in Australian producer Lingo Images — marking its first acquisition in the nation.

ITV’s production and gross sales arm paid an undisclosed quantity for the Sydney-essentially based company, which is simplest identified for Merely, the Sky and Foxtel Australia drama starring Tim Minchin and Apartment of the Dragons‘ Milly Alcock. Decrease-off date understands the deal price is in the eight-resolve US dollars space.

The deal highlights the increasing price worldwide production groups are seeing in Australia, whose favorable tax breaks machine is an increasing selection of perfect-trying, and Australian dramas, with Paramount+’s Final King of the Harmful one of basically the most sought-after titles on hand at Mipcom closing month.

Lingo homeowners Helen Bowden and Jason Stephens will continue to head up Lingo, which could now sit down in ITV Studios’ worldwide production arm, which Lisa Perrin leads as Managing Director.

Assorted worldwide drama labels in the crew encompass Ben Stephenson’s currently established Poison Pen Studios; Nicola Shindler’s Quay Boulevard Productions; Dominic Treadwell Collins’ Delighted Prince, which properties Patrick Spence and David P. Davis’ 5Acts; Arturo Diaz’s Cattleya Producciones; Moritz Polter’s Windlight Images; Marty Adelstein and Becky Clements’ Day after at present Studios; and Tony To and Dan Sackheim’s Bedrock Entertainment.  

Perrin said: “I’m totally overjoyed to welcome Helen and Jason whose partnership has transform one of basically the most admired in the Australian and worldwide scripted house. Their skill for producing top of the vary scripted direct is race and they are correctly positioned to grab even extra perfect thing about the unparalleled quiz for English language drama as allotment of our global network of production corporations.”

Lingo’s latest productions encompass season two of The Secrets and ways She Keeps for Paramount+, BBC One and Sundance/AMC and production has wrapped on the 2d season Merely, which became once nominated for Only Worldwide Drama at the Edinburgh TV Awards. It has also produced gothic drama Lambs Of God, which gained 9 AACTA (Australian Academy) awards, On The Ropes, and Wake In Horror (2017), a thriller in step with Kenneth Cook’s 1961 unique of the identical title. 

Upcoming projects encompass Queen of Oz, a comedy starring and co-written by comic Catherine Tate, commissioned at present by BBC One in the UK; The Messenger, in step with a simplest-selling unique by Markus Zusak, for Australia’s ABC; and Prosper for Australian streaming carrier Stan and Lionsgate. ITV Studios will address the worldwide distribution for all unique Lingo collection. In total Lingo goes into production on six collection this year.

“What a privilege it’s to be half of the worldwide powerhouse ITV Studios at a time when Australian tales are exploding around the arena. We’re so indignant to be sitting alongside the other infamous ITV Studios labels and can’t wait to open,” said Bowden and Stephens in an announcement.

Sooner than forming Lingo in 2015, Bowden became once a founder and Managing Director of NBCUniversal-owned Matchbox Images, whereas Stephens became once Head of Pattern and then Ingenious Director at Fremantle Australia.

ITV Studios Australia has operated in the nation since 2013, when Grenada Media Australia rebranded. That industry produces the likes of I’m a Celeb… Procure Me Out of Here! Australia, The Hotfoot Australia and The Declare Australia. Swap weak David Mott has proceed it since 2015.

The strategies comes following a list in the Financial Cases closing month that said ITV is mulling selling the production industry.

London-essentially based Helion Partners urged Lingo on the sale.

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