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Netflix invests in 'Black Mirror' creators' new production company in first-of-its-kind deal
Netflix sees light earnings, better than expected sales
Axios markets editor Dion Rabouin and Kadina Group President Gary B. Smith analyze newly released Netflix earnings and the ongoing streaming wars.
Netflix is breaking into new territory by investing in one of its most trusted creators’ U.K.-based production company.
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The popular streaming giant cut a deal with the creators of its Emmy-winning science fiction series “Black Mirror,” Charlie Brooker and Annabel Jones. The duo launched their Broke and Bones production company in February after leaving Endemol Shine’s House of Tomorrow.
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The details of the deal were revealed by The Hollywood Reporter, which notes that this marks the first investment that the streamer has made in a U.K. production company as the country continues to produce worthwhile content second only to the U.S. in terms of output. The outlet reports that Broke And Bones will be under the full control of Netflix after an undisclosed multiyear term. It also gives it exclusivity over any series and other projects that come out of it.
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