John Morayniss, CEO of Blink49 Studios
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Blink49 Studios, backed by season 5, has acquired a majority stake in Entrance Road Footage, a prolific producer of movies and tv sequence for Hallmark, Lifetime, Sony, Common, Warner Bros., Tubi and Paramount.
Phrases of the funding weren’t disclosed, however the deal expands the attain of Blink49’s Canadian manufacturing as a part of its first main acquisition. Vancouver-based Entrance Road Footage will proceed to function beneath its personal model and might be led by president Charles Cooper because it expands its concentrate on tv movie manufacturing.
John Morayniss, Patrice Theroux, Jeff Lynas and Nelson Kuo-Lee, all veteran Leisure One executives, launched Blink49 Studios as an unbiased firm based mostly in Canada in 2021 to develop and produce scripted and unscripted content material. Fifth Season (previously Endeavor Content material) grew to become the lead strategic investor in Blink49, which is headquartered in Toronto with workplaces in Los Angeles, and can also be the manufacturing firm’s major distribution associate.
“We’re delighted to embark on this partnership with Charles and his proficient group. Working carefully with Charles final yr, I used to be extremely impressed along with his management, manufacturing expertise, and stellar popularity amongst his trade friends,” stated Morayniss, CEO of Blink49 Studios, in an announcement.
Final month, The CW Community ordered two new authentic scripted sequence for its 2024 lineup from Blink49 and Entrance Road, amongst others: the crime-solving procedural sequence. Wild playing cardsstarring Vanessa Morgan and Giacomo Gianniotti, and Sight unseendirected by Dolly Lewis and Agam Darshi.
“The partnership with Blink49 Studios will help Entrance Road Footage in its continued development trajectory and concentrate on the MOW market. “John’s imaginative and prescient, together with the experience of the Blink49 Studios group, will drive additional funding in MOW’s content material manufacturing and distribution, in addition to growth into the scripted episodic area,” Entrance Road’s Cooper added in his personal assertion. he.
In 2022, Entrance Road produced 26 tv movies for a various checklist of American companions. The stake acquisition transaction was negotiated by Kuo-Lee on behalf of Blink49 and Cooper for Entrance Road Footage and stays topic to sure circumstances and approvals for the deal to be accomplished.
