EXCLUSIVE: BBC Studios has revealed how a lot it paid to bolster its worldwide manufacturing footprint earlier this yr with the acquisitions of Australia’s Werner Film Productions and Spain’s Brutal Media.
BBC Studios paid AUD$6M ($4M) for 100% of Werner, the corporate behind Australian hit drama sequence The Newsreader. It spent €5M ($5.5M) for complete control of Brutal, which made Netflix horror characteristic Killer E-book Membership.
BBC Studios accomplished the acquisitions in April, however didn’t declare how a lot it paid for the businesses. The figures had been disclosed this week in BBC Business earnings filed at Corporations Home.
BBC Studios has opened its pockets this yr, with the industrial arm additionally paying £255M ($322M) to amass ITV‘s shareholding in BritBox Worldwide, one of the best of British streaming service. It comes because the BBC firm has raised its debt facility to £600M as a part of efforts to double its dimension by 2027/28.
The Werner deal was billed as “a major funding” in Australia’s manufacturing ecosystem. The Melbourne-based manufacturing is led by firm director Joanna Werner and managing director Stuart Menzies. Werner can also be identified for Netflix teen sequence Surviving Summer time.
Below the Brutal deal, BBC Studios will distribute and produce the corporate’s codecs exterior of Spain and Brutal will proceed to be run by founders Raimon Masllorens and Nèlida Sanchez.
