Content Media Corporation is buying a 50% stake in documentarian Alex Gibney’s Jigsaw Productions and plans to help the company expand its film and TV development and production operations.
Content’s film, television and digital divisions will handle international distribution of Jigsaw projects “where appropriate,” said a statement.
New York-based Jigsaw has produced documentary features including Gibney’s Oscar-winning Taxi to the Dark Side, Client # 9: The Rise and Fall of Eliot Spitzer and Enron: The Smartest Guys in the Room. Its episodic TV projects have included The Blues with Martin Scorsese and David Halberstam’s The Fifties.
London and Los Angeles-based Content already has stakes in companies including reality TV producer Collins Avenue, North American film distributor Phase Four and digital studio Spirit.
Gibney said: “We have a prolific documentary production business here at Jigsaw, and I have wanted for some time to expand into episodic television, international rights and additional fiction projects. Content’s investment in Jigsaw and its sales platform and management team will give me the resources to do that. I am very excited about our next steps and the future of Jigsaw and am delighted to be in business with Content and its great team.”
Content CEO John Schmidt added: “This new partnership is a further example of our continued strategy to expand our portfolio through collaborations with world renowned producers. We have admired Alex Gibney and his work at Jigsaw for many years. With Alex as a visionary director and producer at the helm, the company has gained a well deserved reputation as one of the world’s greatest documentary companies. Jigsaw has also generated great episodic television over the years and we look forward to providing Alex with the support and resources to grow and expand production across a variety of genres.”
Content Media Corporation is based in London and Los Angeles and operates in the areas of film, television and digital rights.