Endeavor Content has purchased a minority stake in “The Night Manager” and “Fighting with My Family” studio The Ink Factory, the companies announced Tuesday.
The new strategic partnership will see Endeavor Content “set up a bespoke development fund for Ink to draw on” and have Endeavor Content and Ink Factory “establish an alliance that will specifically address the US TV market with high-end premium TV series tackling themes of contemporary global relevance, developed out of Ink’s LA base.”
Under the pact, Endeavor Content will have a formal first-look agreement covering both film and TV to sell upcoming Ink Factory projects internationally, and the two companies will look to collaborate in new areas, such as podcasts and other digital projects.
Following completion of the deal, Chris Rice, co-president of Endeavor Content, will take a seat on The Ink Factory’s board.
“Telling global stories to a worldwide audience is the essence of Endeavor Content, and The Ink Factory is uniquely positioned to create content that does just that,” said Rice and fellow Endeavor Content co-president Graham Taylor. “We are excited for this next chapter of continued growth together and look forward to what’s to come.”
Simon and Stephen Cornwell, co-CEOs and founders at The Ink Factory, added: “Today marks a big moment in The Ink Factory’s progress. This partnership with Endeavor Content will help us accelerate our growth as an independent studio and will significantly enhance our US market presence. We look forward to building on the fruitful collaboration we have had with Endeavor Content since their inception as our sales partner on ‘The Night Manager,’ and we are excited to enter the new decade with Chris, Graham and their brilliant team at our sides.”
The Ink Factory was founded in 2010. The studio’s notable TV credits include “The Night Manager” and “The Little Drummer Girl.” On the film side, Ink Factory is known for “Fighting with My Family,” “A Most Wanted Man,” and “Message from the King.”
The deal was negotiated by Rod Henwood, chief strategy officer for The Ink Factory, and Tim Robinson, chief operating officer for Endeavor Content. Raine acted as financial advisors to The Ink Factory on the transaction and Wiggin served as lawyers on the deal.