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A+E strikes formats and co-pro deal with Korea’s JTBC
A+E Networks has expanded its relationship with JTBC, signing a new formats representation and co-production agreement with the Korean broadcaster.
As part of the deal, A+E Networks will exclusively represent the format rights to key programmes from JTBC’s library catalogue as well as its upcoming line-up. The JTBC titles to be represented by A+E Networks have yet to be announced.
The companies also plan to co-produce a Korean scripted drama and a documentary series.
JTBC and A+E’s first co-production, a talk show featuring Korean pop star, CL, is already in production for a June 2019 joint premiere on Lifetime Korea and JTBC.
Edward Sabin, executive managing director of international at A+E Networks, said: “We are thrilled to announce an expanded collaboration with JTBC. This is a major component of our strategic objective we announced in 2017 which was to create and aggregate premium Korean content for representation worldwide.”
“This partnership with A+E Networks represents an important step towards JTBC’s vision of transforming into a global content studio,” added Jeongdo Hong, president of JTBC parent-company JoongAng Media Group.
Hong added: “We are especially looking forward to working closely with a storied company such as A+E on developing JTBC’s premium originals in the North and South American market.”
Back in 2017, JTBC signed a co-development deal with Endemol Shine Group to create, produce and distribute Korean-originated formats for the international market.
Launched in 2011, JTBC delivers a mix of news, drama and unscripted shows. Hit dramas include Sky Castle, Misty, and Something in the Rain.
Its distribution arm JTBC Content Hub last month became a strategic investor in iflix, the South East Asia-based streaming platform.