London-based DCD Media just rebranded its distribution arm, DCD Rights, after signing an agreement that grants access to a rolling fund of £10 million, spread over three years, that will allow the company to invest against international sales rights.
DCD Rights CEO Nicky Davies Williams, whose company MBDTV was acquired by DCD Media three years ago, says the goal for the newly launched arm is to take it from a distribution company with 2,500 hours of programming and turn it into one of the more mainstream distribution companies in the world. The next steps will involve building sales teams under the specialties of music, drama, formats and factual. Then they are looking to branch out from DCD’s subsidiary companies’ content to find programs from third-parties.
At the same time DCD is merging with Digital Classics DVD to launch DCD Publishing. The new division, headed by Adrian Sington, will exploit book publishing, merchandising, licensing and UK DVD rights. One of the first DVDs to be released under this new division is Stephen Fry in America, and Sington has already negotiated deals for series Richard Hammond’s Blast Lab and Alan Whicker’s Journey of a Lifetime.