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Newen, Mediawan & Studiocanal On “Bringing Back Reality” To Market After The Streamer Reset: “It’s An Adjustment Of Value” — Seriencamp

Newen Studios, Studiocanal and Mediawan Rights were among companies discussing the TV distribution market at Seriencamp in Cologne.

Newen Studios SVP, International Acquisitions and Co-Productions Elliot Gustin said he had been approached about a European project whose first season was financed through an all-rights deal with a global streamer. Newen’s investment was sought to fill gaps in the budget and get a second season into production, with the streamer keen to keep the show in some territories, but also unwilling to fully finance it. The streamer had contacted Newen directly about the unnamed scripted series, highlighting the general move away from all-rights deals, especially in terms of international content but also how financial expectations had grown further apart.

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