Channel 4’s Indie Growth Fund has taken a minority stake in Paper Entertainment, the company recently set up by Julien Leroux.
Paper Entertainment is on board as a co-producer on the second season of AppleTV+ global hit Tehran, which is currently in pre-production. Leroux, who was an executive producer on season 1, struck the co-production deal with Apple.
Caroline Murphy, Head of Channel 4’s Indie Growth Fund, said: “Julien has an infectious passion and drive and is committed to creating high end, quality content. We’re really excited about the future of Paper Entertainment and we believe that Channel 4’s investment will help propel Paper Entertainment to become a real success story”
Julien Leroux, Founder and CEO, Paper Entertainment said: “It is an honour to partner with Channel 4 and the amazing team at the Indie Growth Fund. Paper Entertainment aims to create global content which is both entertaining and meaningful and we can’t think of a better partner to enable us to achieve this.”
Leroux was most recently Senior Vice President of Global Scripted Co-Productions at Cineflix Media, where – as well as Tehran – he developed projects with producers including Clerkenwell Films, Broadway Video, Hera Pictures and Bryncoed Productions. He was also responsible for identifying, acquiring and launching hit dramas for Cineflix Rights including Icelandic political series The Minister, breakthrough Russian thriller An Ordinary Woman, and multi-award-winning Berlinale Series 2020 official selection Happily Married, alongside Canadian hit procedural series Coroner, all of which have been sold to multiple networks and streaming platforms around the world.