After mistiming the Canadian unscripted TV market and a costly foray into scripted dramas, Cineflix is restructuring as a decentralized machine focused on the U.K., U.S. and Canadian markets (co-founder and co-CEO Glen Salzman pictured).
The Finestripes Production documentary has been sold to China and across Europe.
The scaling down of Cineflix Studios comes as parent Cineflix Media completes a restructuring of its scripted and unscripted divisions.
The restructuring producer also unveiled a number of promotions, including New York City-based Charles Tremayne upped to president, production.
TV2 Norway buys the first four seasons of Property Brothers (pictured), while TV4 Sweden takes House Hazards and Cash Cowboys.
The prodco headed up by Property Brothers‘ Drew and Jonathan Scott and their brother J.D. Scott (pictured) expands as part of its growth plans into the North American market.
As the industry reacts to the surprise announcement, the indie producer argues that Canada is “the perfect place from which to attack the world.”
The Quebec production giant, having made series for English Canadian networks like City and W Network, has now entered the American market.
The distribution deal for the Australian drama follows Cineflix Studios pacting on the joint venture Buccaneer Media in the U.K.
The joint venture Buccaneer Media is part of the Canadian company’s expansion into the international scripted market (Wood pictured).
The veteran broadcast executive (pictured) will fill the newly-created position of COO, managing day-to-day operations at the fast-growing indie TV producer.