MIPTV ’15: FremantleMedia forms Chinese JV

RTL Group-owned FremantleMedia has formed a joint venture with Shanghai Media Group's BesTV and China Media Capital (CMC) that will see the creation of entertainment formats for the Chinese market. (Pictured: FremantleMedia global CEO Cecile Frot-Coutaz)
April 13, 2015

RTL Group-owned FremantleMedia has formed a joint venture with Shanghai Media Group’s (SMG) BesTV and China Media Capital (CMC) that will see the creation of entertainment formats for the Chinese market.

FremantleMedia has a number of relationships in place with Chinese broadcasters and has previously licensed such titles as Got Talent, IdolThe X Factor, Don’t Stop Me Now and Family Feud.

Under the terms of the deal – which was overseen by a team with FremantleMedia Asia Pacific – content is to reach viewers through the Dragon TV and BesTV platforms, with proprietary Chinese content reaching international markets through FremantleMedia’s global distribution network.

Based in Shanghai, the format development team will consist of international experts and local producers and will also rely on FremantleMedia’s creative team in order to develop original entertainment IP. Outside of mainland China, FremantleMedia International will distribute newly created IP.

“The Chinese television market is rapidly becoming one of the most important in the world,” said Cecile Frot-Coutaz (pictured), global CEO of FremantleMedia, in a statement. “This new relationship with BesTV, SMG and CMC allows FremantleMedia to build on its existing presence in China and strengthen our ties in this territory.”

Madame Wang Jianjun, president of SMG, added: “As format and idea development is a key part in content production, the joint venture will undoubtedly bring the best resources from all the companies together and gives a strong boost to BesTV. The collaboration will give SMG the wonderful opportunity to learn how to create good ideas and how to grow these ideas into formats and productions. It will greatly enhance SMG’s production capacity and help SMG make phenomenal variety shows in the future.”

About The Author
Managing editor with realscreen publication, an international print and online magazine that covers the non-fiction film and television industries. Darah is an award-winning journalist who has spent over two decades covering a wide range of issues from real estate and urban development to immigration, politics and human rights, primarily with The Vancouver Sun. Prior to joining realscreen, she was editor of Stream Daily, realscreen's sister publication covering the dynamic global digital video industry. She also served a stint as a war reporter in Afghanistan for television and print, and was a national business blogger with Yahoo Canada.