'The Night Manager' banner The Ink Factory has expended its co-financing deal with 127 Wall Productions and named Rod Henwood its first COO. Details:
First announced in 2017 and used to support Park Chan-wook's mini-seriesfor the BBC and AMC, the deal has now been extended to 2024 and its scope expanded to cover significant development funding and increase the firm's production co-financing capacity across both film and TV. The new arrangement, financial details of which weren't disclosed, comes just weeks after Endeavor Content revealed it was buying a minority stake in The Ink Factory.
At the same time as unveiling the the 127 Wall deal on Monday, the company also announced that it was promoting Rod Henwood from chief strategy officer to the newly-created position of chief operating officer . Based in London, Henwood will oversee all of the commercial, business affairs and marketing activities for the company, as well as the finance team under head of finance Ian Spence.
"Our renewed partnership with 127 Wall and Rod’s enhanced role across The Ink Factory are the latest in a series of strategic steps we have taken to realign behind creatively-led, well-capitalized and focused development of our slate across both film and television projects," said Simon and Stephen Cornwell, co-CEOs and founders at The Ink Factory.
They concluded: "Our ability to dedicate significantly increased resources to building our development slate and make sure we are in the strongest possible position when the industry emerges from hiatus is hugely important, and it is the staunch support of our partners that has made that possible."
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