LONDON – Production facilities company Pinewood Group has established Pinewood Television in a joint venture with Peter Gerwe’s StoryFirst PST to create, develop and finance high quality television drama series for the international market. Helen Gregory, co-creator and co-executive producer of Shondaland / ABC’s new series “The Catch”, has been appointed Creative Director and will lead the company.
Pinewood Television should be both an original producer and a co-production partner for large drama projects seeking deficit funding, Pinewood said. She is in the process of arranging long term external funding from a group of investors and banks to invest directly in her roster.
Pinewood Television aims to be a one-stop-shop, developing strong partnerships with producers and providing them with development and deficit funding. It seeks to become a ‘mainstream initiator and financier, building a library of television content, and once funded it will have the capacity to facilitate the development, green light, production, marketing and distribution of top television series. range “.
Gregory has produced drama and comedy shows for the BBC, ITV, Channel 4, Five and Sky, and was previously the drama editor at Channel 4. Her production credits include “Byker Grover”, “EastEnders”, “Grafters” “,” No Angels “and” Case Stories. “Her most recent work includes” The Enfield Haunting “, with Timothy Spall and Matthew MacFadyen for Sky,” Cider With Rosie “, with Samantha Morton, for the BBC, Sky’s “Fortitude”, BBC’s “The Last Kingdom” and Julian Fellowes’ “Dr Thorne” for Hat Trick / The Weinstein Company and ITV.
Ivan Dunleavy, Managing Director of Pinewood Group, said: “Global demand for premium TV continues to increase dramatically and, with tax incentives for premium TV, Pinewood TV company will participate in this market by. full growth. Pinewood Television’s offering will build on the fundraising experience Pinewood and StoryFirst have developed to date.
StoryFirst PST is a partnership vehicle with Premila Hoon, Managing Director of Entertainment Advisers. Hoon was previously global head of structured finance for media and entertainment at Société Générale. She led a number of major film finance deals, including the $ 570 million fundraising deal for Dune Entertainment, the $ 200 million fundraiser for Cold Spring Pictures, and the $ 242 million fundraiser for the acquisition of Hallmark television channels.
Pinewood has previously been involved in the financing and production of films and television series through Pinewood Pictures. His investments in films included “Dom Hemingway”, “Belle”, “Robot Overlords”, “The Riot Club”, “Spooks: The Greater Good”, “Kill Your Friends” and “Genius”. He has also invested in the fashion drama series “The Collection” from “Pretty Little Liars” and “Ugly Betty” executive producer Oliver Goldstick, which was picked up in November by Amazon.