FremantleMedia has partnered with the Argentinian television network Telefe in a two-year, co-development deal to create and develop entertainment and non-scripted formats for the Argentinian and wider-Latin American market.

Based in Buenos Aires, the development team will be comprised of staff from both companies, with Telefe drawing on FremantleMedia’s creative strength to co-develop original entertainment IP. Telefe will have exclusive rights on all new shows to broadcast on its Argentinian network in Argentina and across Latin America, while FremantleMedia will have worldwide rights to the shows created through the deal, which will be sold through its international distribution network, FMI and its global network of production companies.

“Today’s agreement is an important and exciting step forward in FremantleMedia’s plans to grow its business in Latin America as we develop and produce shows for the Argentinian market," says Adrián Santucho, chief executive officer, FremantleMedia Latin America. "As the country’s most popular television network, we couldn’t have asked for a better partner. We’re really looking forward to working with Tomás and his team over the next two years to create shows that will appeal to audiences in Argentina and around the world.”

The deal with Telefe is the latest of a number of creative partnerships undertaken by FremantleMedia recently in order to co-develop new formats and grow its business in emerging markets. In April 2015 the company set up a joint venture with Shanghai Media Group’s BesTV and China Media Capital to create formats for China, and announced in September that it was teaming up with newly-formed Danish production company, Skylark, to develop entertainment formats via a creative hub, based in Copenhagen.