eOne Teams to Form New Studio

The venture, which will be led by Mark Gordon as chief executive officer, brings together one of the world's most successful television and film producers with eOne's extensive international distribution network.

Mark Gordon is an award-winning producer with hits including TV’s "Grey's Anatomy," "Criminal Minds" and "Ray Donovan," as well as box office successes such as

Speed, The Day After Tomorrow

and

Saving Private Ryan

.

"As producers, we have been successful in bringing the vision of talented creators to large audiences. We can now expand our contribution to include financing and strong global distribution. There is a voracious appetite for premium original content worldwide. In order to realize the true value of our content, retention of rights ownership and control of international

As part of the deal eOne will take a significant stake in The Mark Gordon Company. The studio, which will remain LA-based, will continue to produce Mark Gordon premium content and begin to finance projects by other producers. The deal will not affect the tenure of Mark Gordon Company's deal with ABC studios.

Seperately, eOne's U.S. television business will continue developing, financing and producing scripted and alternative programming, operating independently of The Mark Gordon Company.

"The Mark Gordon Company creates first-class content and has been entertaining audiences around the world for many years," says Darren Throop, president and chief executive officer, eOne. "As eOne continues to build its global platform, partnering with strong creative companies like The Mark Gordon Company is right on strategy, and I am very excited to welcome them to the larger eOne family."