Apple stock fell 3% today as it was hit by two headwinds — protests in China threatening iPhone production and claims of “censorship” lodged by new Twitter owner Elon Musk.
09.11.2022 - 14:05 / deadline.com
Fremantle has acquired a majority stake in David Glover and Mark Raphael’s 72 Films.
72 is behind factual shows such as the BBC’s doc series The Elon Musk Show, Prime Video’s All or Nothing: Arsenal and Nat Geo’s 9/11: One Day in America. The six-year-old company is considered one of the UK’s most respected unscripted producers.
Financial terms of the deal, which was spearheaded by Fremantle UK CEO Simon Andreae, weren’t disclosed.
Fremantle has pushing into the global documentary space and the super-indie said today’s deal is part of a strategic plan to invest in and develop key creatively led production companies.
72’s recent productions include The Elon Musk Show, which provides an intimate story uncovering how the new Twitter owner became the world’s richest man and is distributed globally by Fremantle), and the two-part Netflix documentary Jimmy Savile: A British Horror Story.
“At this stage of 72’s development, there are great advantages and opportunities of joining forces with Fremantle,” said 72 founders David Glover and Mark Raphael in a statement.“Their extensive international infrastructure and expertise will provide 72 Films with the platform to have our work seen across the world. We know and like their excellent team, and they offer us not only fantastic support but complete creative freedom so we can continue to work in the same way.”
Andreae said 72 had “developed an unrivalled reputation for telling the world’s most fascinating stories with real freshness and flair.”
For Fremantle, the deal for 72 follows the acquisitions of The Responder producer Dancing Ledge, scripted Italian firm Lux Vide (Devils, Leonardo), Bosch producer Fabel, Australian-American company Eureka Productions (Parental Guidance,
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