Jane Tranter, the former head of BBC Worldwide Productions and Adjacent Productions, has launched UK and U.S.-based prodco Bad Wolf, with an eye on international-facing film and TV projects.
Tranter has set up the prodco – which will be based in both Los Angeles and South Wales, through financial backing from the Welsh government – with co-founder Julie Gardner, BBC Worldwide Productions’ former senior VP of scripted. Both execs confirmed their departures from the pubcaster earlier this month, with their official end dates set as August 14.
Tranter joined the commercial arm of the BBC in January 2009 and oversaw the creation of both scripted and unscripted content, overseeing the production of an estimated 870 hours of programming for the company, including the U.S. version of Top Gear for History and the rejuvenation of Dancing With the Stars from seasons eight to 20 on ABC.
According to a release from the Welsh government, Bad Wolf will have a permanent production studio in South Wales and is expected to generate £100 million (US$155.8 million) for the Welsh economy over the next 10 years through “an ambitious production slate and partnerships with international broadcasters.”
Tranter and Gardner have long worked within Wales on BBC Worldwide commissions, including three series of the historical drama Da Vinci’s Demons for Starz and Fox, which was produced in Swansea’s Bay Studios and created more than £70 million over three series and 1,500 jobs across the region.
Development deals with various U.S. networks and studios are “close to being agreed,” and discussions are also underway with UK and European broadcasters.
“TV has changed beyond all recognition in the past decade. Huge international productions made on movie scale budgets have put British TV at the forefront of this revolution,” said Tranter in a statement. “We are delighted to be working with the Welsh government to grow this industry and continue to benefit the economy of Wales. The Welsh government fully understands that by putting Wales at the forefront of this industry it could be a world leader within the decade.”
Welsh minister for economy Edwina Hart added: “Bad Wolf has the potential to be a game changer for the creative economy in Wales. The talented Welsh-based production company will support one of the largest sustainable TV drama production hubs in the UK outside of London and help increase inward investment, strengthen the supply chain and skills base and create cultural and tourism benefits.”