EXCLUSIVE: BBC Studios has revealed how a lot it paid to bolster its worldwide manufacturing footprint earlier this 12 months with the acquisitions of Australia’s Werner Movie Productions and Spain’s Brutal Media.
BBC Studios paid an preliminary consideration of AUD$6M ($4M) for 100% of Werner, the corporate behind Australian hit drama sequence The Newsreader. It spent €5M ($5.5M) for full management of Brutal, which made Netflix horror function Killer Ebook 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 Industrial earnings filed at Firms Home.
BBC Studios has opened its pockets this 12 months, with the industrial arm additionally paying £255M ($322M) to accumulate ITV‘s shareholding in BritBox Worldwide, the most effective 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 measurement 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 be recognized for Netflix teen sequence Surviving Summer season.
Underneath 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.