Liberty Global invests in new production studio with TPG

News Video Global 18 JUL 2017
Liberty Global invests in new production studio with TPG
Liberty Global is starting its own TV production and distribution studio, with support from venture capital group TPG. Liberty Global will have a minority stake in the company Platform One Media, and TPG will fund their investment through Evolution Media, an investment partnership with CAA and Participant Media. Additional terms of the investment were not disclosed. 

The studio will curate, develop, produce and distribute high-quality scripted programming for the US and international markets. Liberty said the content "could potentially feature" on its pay-TV platforms in Europe. 

Katie O'Connell Marsh has been appointed CEO. O'Connell Marsh spent five years as CEO at Gaumont Television, where she was responsible for launching the studio operation from the ground up. While there, she developed and produced drama series such as Hannibal, Narcos and Hemlock Grove. Other projects included the show 30 Rock when at NBC and Arrested Development during her tenure at Imagine. Most recently, O'Connell Marsh was Head of Global Live Action Television for Dreamworks Animation. 

As part of its launch, Platform One Media has acquired the portfolio of development projects from Slingshot Global Media and retired the Slingshot brand.

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