Content strikes formats deal with Small World IFT
Content Media Corporation and LA-based formats company Small World IFT have inked a deal to develop a joint formats portfolio.
Content, which recently announced plans to go private and acquired 50% in Alex Gibney’s Jigsaw Productions, also gets an opportunity to take an equity stake in Small World at a future date, as part of the deal.
Small World will now be based at the offices of Content’s affiliated prodco, Collins Avenue. Content will work closely with Small World founders Tim and Colleen Crescenti to continue Small World’s business, which includes bringing formats Dragons’ Den and I Survived a Japanese Game Show to the worldwide market, and build a global formats sales company.
Currently on Small World’s development slate is The Fan from Thailand, Miss Country Girl from Romania’s Media Factory, The Kitchen Musical from Singapore’s The Group Entertainment, and Night Patrol from Finland’s Aito Media.
Recently the prodco hired Karla Burgos from CBS International as its head of sales and development.
“We are big fans of Tim and Colleen, and we really admire how they go about their business,” said Content CEO John Schmidt. “They have terrific relationships around the world with many production companies and networks, and we are excited to begin working with them to grow their business, work on the format rights that Content is acquiring, and tie-in with our production businesses at Collins and Jigsaw.”
In a joint statement, Tim and Colleen Crescenti added: “It’s a fan-dam-tastic fit for us, and we’re looking forward to taking Small World to the next level with them at our side.”