The last year has been a chastening one for television, with budgets nosediving and streamers pulling back on the mega-spending of yesteryear to offset financial disappointments. But the investment…
maker Wildstar Films . These deals certainly did not come cheap.
Mandy Chang, Fremantle’s Global Head of Documentaries, says Netflix and other streamers have “taken on premium programing and proved there’s an audience for it.” This support from the big players has revitalized interest in the genre, our M&A sources say., a four-part series chronicling the fashion world over three decades – from the early 1990s to the 2010s, exploring how fashion exploded beyond the elite fiefdoms of haute couture and style – Paris, Milan, London and New York.
“Co-production in docs was once seen as something for smaller channels but now it’s become a way to work with like-minded partners,” says Rachel Job, All3Media International’s Senior Vice-President, Non-Scripted. “Buyers are even saying, ‘Have you spoken to this network about this project?’”, a big budget Sky Documentaries and Discovery+ four-part series from Raw TV abouttrilogy author Stieg Larsson’s investigation into the assassination of Swedish Prime Minister Olof Palme in 1986.
Further to that, she warns longer-run doc series of eight episodes-plus that the streamers once favored are becoming tougher to finance and sell. “Ninety-minute docs and two-, three- and four-parters comprise almost all of our premium factual slate,” she says. “To say you were investing in a 90-min doc three years ago would have been crazy, but that’s not just a theatrical sell these days, and to find a really good story over 10 episodes is really hard.
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