Sky & HBO Extend Deal For More Drama Series

Sky and HBO will extend their partnership with a new multi-year, $250-million co-financing deal to co-commission, develop and co-produce high-end drama series that can be exploited globally.

The aim of the new deal is to create a new global drama series powerhouse with the partnership aiming to produce two major drama series per year, with the first commissions to air in 2018.

Initial projects are already said to be in development, with the level of investment by each company decided on a project-to-project basis. Executives from both Sky and HBO will be responsible for greenlighting projects, inviting pitches from both the U.S. and Europe.

Source: Variety