ITV Studios strengthens global scripted production base
ITV Studios continues to strengthen its global scripted production base as it increases its stake in Monumental Television from 26% to a 51% majority in the UK production company. The agreement will see the label, founded by Oscar nominated film producers Alison Owen and Debra Hayward, become a more integral part of ITV Studios.
ITV Studios Global Entertainment has held a minority stake in the company since its launch in 2015, and ITVS GE will continue distributing television productions worldwide.
Recent TV productions include three series of Harlots, exclusively commissioned by Hulu since series two and available via Starzplay in the UK, and Ghosts on BBC One. The comedy series, created, written and featuring the team behindHorrible Histories, is the top comedy series on UK television so far this year with a consolidated series average of 3.7m and has already been recommissioned for a second season. Monumental Television is in advanced development on several other major scripted series.