Magazine article Screen International

'Versailles' Backer Launches [Euro]50m Fund for UK TV Drama

Magazine article Screen International

'Versailles' Backer Launches [Euro]50m Fund for UK TV Drama

Article excerpt

Newen announce investment fund for high-end scripted series.

Paris-based production and distribution business Newen Group have launched a $54m ([Euro]50m) investment fund focused on acquiring UK drama.

The company are behind high-profile French TV shows Braquo and Versailles.

Newen's international distribution business, Newen Distribution, will invest in high-end scripted series from UK production companies in order to build a strong presence in English-speaking content.

They are aiming support producer's projects from early development to deficit funding and want to partner on three to four scripted series.

The investment will be supported by an international sales presence in Paris, strong global marketing support and a new London office focused on UK content partnerships. Julien Leroux has been appointed as its executive vice president of sales & content development. …

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