Cineflix Media and entertainment producer Duncan Gray have struck a joint venture partnership in production company Twenty Six 03 Entertainment.
Co-owned by Cineflix and Gray’s existing company Twenty Six 03 Content, the joint venture aims to create high-value returnable formats and series for the global market.
Music and comedy format Bring The Noise is currently in production for a second season in Italy, with other European deals pending, and the joint venture says it has multiple projects set up with UK broadcasters and is developing shows for US networks.
Gray has more than 25 years’ experience in both the UK and US including senior creative exec roles at ABC, ITV, and Sky.
Glen Salzman, Co-Founder and Co-CEO of Cineflix Media said: “We’re thrilled to be in business with Duncan. Cineflix provides financing, commercial support, as well as Cineflix Rights’ distribution expertise so independent producers can have the creative freedom to focus on making great programs and growing their business. We will continue to build on this model with further joint ventures, first looks, housekeeping, and overall deals as we diversify and grow our group of content companies.”
Duncan Gray, Founder of Twenty Six 03 Content said: “Creating this joint venture is an exciting new chapter for Twenty Six 03. Cineflix is providing us with the right business backing to keep pursuing the projects we believe in with the flexibility and independence to strike the best deals for each project to ensure their success.”
The Twenty Six 03 Entertainment joint venture follows on Cineflix Media’s 2016 financing with US banks which provides funding for acquisitions and content partnerships.
Cineflix Media’s joint venture with Tony Wood’s Buccaneer Media produces Marcella, the hit Scandinavian noir crime series, for ITV and Netflix. Today’s announcement follows other recently-announced creative partnerships with independent producers including Seadog Productions, George Moll, and André Barro.
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