UK content firm Rare Television Group has acquired Fake Britain indie Screenchannel Television.
The London-based company – which launched last summer – took a 100% stake in Screenchannel, marking its latest acquisition since taking a majority stake in London and Northern Ireland-based indie 360Production in June and entering a joint venture with Babygrand Productions in October.
Screenchannel Television specializes in factual, formatted and factual entertainment programming, and was launched in 2009 by joint MDs Peter Lowe (pictured, left), a former BBC executive producer and Carlton Television controller, and Emma Barker (right), a former commissioning editor and controller at ITV.
Under the deal, Lowe and Barker are to continue as directors of Screenchannel, alongside CEO Antony Fraser of Rare Television Group, and group operations director Mark Wright.
Headed by Fraser, Rare’s growth plan involves acquiring and nurturing factual producers and supporting them in the exploitation of their IP across platforms, windows and territories. According to a release, the first phase of the plan will be completed this year following further acquisitions in features and factual entertainment, while the second phase will see Rare set its sights on U.S. producers.
The company is backed by Forward Private Equity, which oversees digital media and e-commerce entrepreneurs and management teams.
“Screenchannel brings a wealth of complementary skills and experience to Rare, and we look forward to working with them as they continue to develop their business, both in the UK and internationally,” said Fraser in a statement. “We are confident that we will see Screenchannel’s name on many more credits over the coming months.”
In a joint statement, Lowe and Barker added: “We are really pleased to form this new creative partnership that will help the company enhance the programs we already produce and develop a whole new generation of Screenchannel projects for the future, with a team like us, who put programs first.”