BT and Warner Bros Discovery UK Sports Joint Venture Approved; Netflix Korean Drama; Amazon Mockup Deal (Special); VFX Group Launch; ‘Estonia’ Agreement – Global Facts

BT and Warner Bros Discovery UK Sports Joint Venture Approved

British Competition and Markets Authority (CMA), BT Group and Warner Bros. Approved Discovery to set up a 50-50 sports joint venture for the UK and Ireland. The sports assets of both companies will be merged in the coming weeks. BT Sport and WBD’s Eurosport will maintain their initial brand propositions before merging under a single brand in the future. Mark Alera, chief consumer officer of IT, who has been appointed head of the joint venture, said the approval was a “milestone”. The chairmanship will rotate between the two shareholders and the management of the joint venture will be with Warner Bros. It will go to board member Andrew Georgiou, chairman and CEO of Discovery Sports Europe. The CMA initially decided to investigate the merger more than six weeks ago.

Netflix Assembles ‘Descendants of the Sun’ Crew for K-Drama

Netflix greenlights a Korean drama from popular K-drama writer descendants of the sun It’s about a woman who lives for absolute revenge against the childhood abusers who ruined her life. Screenwriter Kim Yoon-sook (mr sun, King: Eternal Sovereign) was written glorywhich stars descendants of the sun Actress Song Hye-kyo plays the lead role, a woman full of anger who wants to inflict the ultimate insult to bullies and those who refuse to help. Ahn Gil-hee (happiness, A youth record) and newcomer Jo Yo-jeon is also starring.

Amazon Seeks UK’s British Comedy Rights Keep Calm and Carry on (Exclusive)

Prime Video buys British mockup Keep Calm and carry onIt follows three different but connected families through the ups and downs of family life as they try to navigate a tough 2020, and then with a documentary crew. Starring the series from Kayleigh-Paige Rees’ Raspberry Movies. what (Sanditon, All about Casey) Harriet Thorpe (absolutely gorgeous), Kelly Shirley (long-term, Office), Jess Impiazzi (Strikeand Curtis Walker (long-term). Martin Thomas is the director, and Lawrence Prestige is the writer.

VFX Territorial Group collective launches and acquires Los Angeles-based Cantina Creative

Founded in 2010 by David Sheldon-Hicks and Nick Glover, London-based visual effects company Territory Studio is expanding its operations under the new Territory Group banner. As part of the move, the new group acquired Cantina Creative, a visual effects and design studio based in Los Angeles. Avengers: Endgame, Iron Man 2. This initial acquisition adds the Los Angeles and Vancouver bases to Territory Group’s existing studio locations in San Francisco, Barcelona and the United Kingdom. “This is very exciting for Territory Studio and Cantina Creative as they are involved with the group, and this is just the beginning. As a group, we are built for scale and success with an ambitious roadmap laid out for the years to come,” said Sheldon-Hicks.

Seven.One Entertainment Upgrades German Rights to Beta’s Finnish Co-Drama “Estonia”

Germany’s Seven.One Entertainment Group has acquired the German regional rights to the Finnish drama. Estonia From distributor Beta who flagged the latest network to join the European co-production. Production of the show began three weeks ago with CMore, TV4 Sweden, MTV Finland and Telia. Swedish director Mans Manson (Chernobyl) and Finnish director Juuso Syrja (a border town) directs the eight-hour drama about the deadliest civil maritime disaster in recent European history: the sinking of the MS Estonia on September 28, 1994, killing more than 850 people. The series chronicles the events of the fateful night and the attempt to find its cause.