Beta Nordic Studios Acquires Stake In Icelandic Banner Sagafilm (EXCLUSIVE)

, the thriving Icelandic production banner behind the Cineflix-repped series “The Minister.”

The deal allows Beta Film to ramp up further its presence in the Nordics and collaborate with Sagafilm’s experienced producers who have nurtured a vibrant talent pool over the years. Iceland’s oldest production company, the 40-year old Sagafilm has a topnotch track record in films, TV series and documentaries, as well as commercials, and line producing for foreign projects. Some of its recent scripted productions include “Thin Ice,” “The Flatey Enigma” and “Stella Blomkvist.

“Iceland is a small market so we’re always dependent on international success of our projects so it made sense for us to join forces with Beta Nordic Studios to further our ambition and build our international IP business,” said Kjartan Thor Thordarson, the CEO of Sagafilm Nordic. “There is a lot of opportunities in nordics with consolidation happening, but we’re proud to be independent — Beta is a big group but it’s still independent,” added Thor Thordarson.

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