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Wednesday 07 August 2019 2:30 pm

Sky Studios takes stake in UK natural history producer True to Nature

By: James Warrington

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Sky Studios today announced it has taken a stake in UK-based natural history production firm True to Nature (TTN), marking the first investment for the media group’s new content division.

Sky Studios has secured a 24.9 per cent stake in TTN, which will create new wildlife programmes for distribution on Sky’s platform.

Read more: Sky puts Netflix in its sights as it doubles investment after Chernobyl success

The Bristol-based production company was founded just three years ago by Dr Wendy Darke, former head of the BBC natural history unit.

TTN has produced a number of factual programmes this year, including the BBC’s Undiscovered Worlds with Steve Backshall.

“The content coming out of True to Nature has blown us away,” said Sky Studios chief executive Gary Davey.

“Viewers have never been more interested in the natural world than they are today and all of us at Sky Studios can’t wait to work with Wendy and the team to see what we can create together.”

Read more: Youtube and Netflix among most-watched channels as streaming booms

The deal is likely to be the first in a string of investments for Studios, Sky’s Europe-wide development and production division set up in June.

Comcast owner Sky has pledged to double the company’s investment in original programming as it looks to build on the success of hit shows such as Chernobyl and take on streaming giant Netflix.

Main image credit: Getty

Read more

ITV says ‘no guarantees’ on jobs after £1.6bn Sky deal

Studios revenue rose three per cent to £893m, driven by an 11 per cent jump in external sales to streaming platforms.

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