The global television production and distribution division will be led by president and CEO Tom Cosgrove and currently has 15-20 projects in active development.
3net is based at Sony Pictures headquarters in Los Angeles and Discovery Communications headquarters in Silver Spring, Maryland.
Cosgrove and his team are in discussions with global co-production partners and expect to announce the first projects shortly. The company plans to complete its projects in what top brass call “TotalD” – native 3D 4K, 2D 4K, 3D 2K and both 3D/2D HD formats.
“From television, mobile, computer and tablet companies, to broadcast channels and digital content providers, the global demand for a high quality, native 3D programming pipeline has quickly become one of the most vital elements within the 3D ecosystem,” said Cosgrove.
“With the industry now struggling to keep pace with the rapidly accelerating consumer demand for 3D programming across multiple platforms – and now with the evolution of 4K - the formation of a world class production studio to help fill both the 3D and ultra high definition content voids became a logical next step in our evolution as a global player in the entertainment arena.”