AMC Networks has entered into a strategic partnership with Murdoch Mysteries and Slasher producer Shaftesbury.
The cable company invested in the Canadian producer, giving it access to Shaftesbury slate and allowing it to expand its content and development capabilities north of the border.
Shaftesbury produces Mysteries of Murdoch, which is one of the biggest shows for Acorn TV, owned by AMC Networks, as well as a horror anthology Slasher, which was recently commissioned for a fourth season by Shudder.
Shaftesbury CEO and Chairman Christina Jennings, who founded the company in 1987, will continue to lead the company alongside Executive Vice President Scott Garvie.
Michael Levine, member of the board of directors of Jennings, Garvie and Shaftesbury, will remain on the board of directors of Shaftesbury and will be joined by two new directors of AMC Networks, Harold Gronenthal, senior vice president of programming and marketing for AMC Networks International, and Matt Graham, Managing Director of AMC Networks – owned the streaming service Acorn TV.
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Shaftesbury and its shareholders have been advised on this strategic investment by RBC Capital Markets.
“This new partnership will leverage the vast expertise of AMC Networks and Shaftesbury to provide significant growth opportunities for the development, production, distribution and reach of our content,” said Christina Jennings. “Bringing Canadian stories and creative talents to the international market has always been Shaftesbury’s mission – this relationship will give us a head start.
“Christina has built a world-class production company with a long history and reputation for creating high-quality content that resonates in markets around the world,” added Josh Sapan, President and CEO of AMC Networks . “Shaftesbury is an ideal partner for AMC Networks as we focus more on sourcing premium and IP content for distribution on our own platforms as well as to third parties. In addition, this partnership will give AMC Networks enhanced capabilities to expand our production in Canada.