British pubcaster Channel 4 is set to air a localized adaptation of CNBC’s business reality series The Profit.
Produced in the UK by London’s Kalel Productions with support from Dell Technologies, the 4 x 60-minute entrepreneurial series will follow seasoned investor Eric Collins (pictured) as he seeks to offer four struggling British businesses professional expertise while also personally investing in the organizations he believes will turn a profit.
Collins is the CEO of venture capital firm Impact X Capital, which supports underrepresented entrepreneurs across Europe. The executive has been named one the most influential Black individuals in Britain and is among the UK’s top 100 BAME leaders in technology as featured in the Financial Times.
Each episode of the UK version will follow Collins as he uncovers hard truths by immersing himself into every aspect of the company’s day-to-day, while also challenging their visions for the future.
CNBC has broadcast The Profit for seven seasons. The series is produced by Los Angeles prodco Machete Productions with Marcus Lemonis serving as host.
Kalel Productions’ Nick Parnes and Mark Saben executive produce Channel 4′s adaptation, with Helen Richards series producing.
Alf Lawrie, head of factual entertainment, and Becky Cadman, commissioning editor, commissioned the series for Channel 4.
The Profit will air on Channel 4 later this year.
“This dramatic format reinvents the business make-over space in a compelling way, following one of the country’s most brilliant venture capitalists as they stake not just their reputations – but their own money – on helping struggling businesses. With British businesses facing unprecedented challenges, it could hardly be more timely,” said C4′s Cadman in a statement.