‘Succession’ Showrunner Jesse Armstrong’s Production Company Doubles Profits Following Success of ‘I May Destroy You’

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Jesse Armstrong’s Various Artists Ltd has posted post-tax profits of £2.6 million ($3.5 million) following the success of “I May Destroy You.” The profits for the year ending Marc…

The profits for the year ending March 2021 are more than double those of the previous year, which amounted to £1.2 million according to Various Artist Ltd’s latest financial report, which was filed at the U.K.’s Companies House on Dec. 17.,” co-founded Various Artists Ltd in 2017 with his “Peep Show” collaborator Sam Bain and former Channel 4 commissioners Phil Clarke and Roberto Troni.

“I May Destroy You,” which was first broadcast on the BBC and HBO, recounts the story of a woman who reassesses her life after she is sexually assaulted in a nightclub.Various Artists Ltd also produce “Dead Pixels,” which is in its second season, and “Sally4Ever” starring Julia Davis. However, the pandemic continues to affect production, the report admits, which is unsurprising given a considerable percentage of any given project’s budget is allocated to compliance with COVID-19 protocols including rigorous testing procedures. “The COVID-19 pandemic has continued to put pressure on budgets and schedules, and has introduced an element of jeopardy to the normal production process,” the report states.

Revenues for the year ending 31 March 2021 came to £11.8 million while the previous year’s, ending March 2020 was £14.5 million .and the company’s directors, which include chief operating officer Greg Allon, head of production Marilyn Bennett and BBC Studios in addition to Armstrong, Bain, Troni and Clarke, have an optimistic outlook.

 

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Hey Jesse Armstrong, make sure to stuff a bonus check in Michaela Coel's Christmas stocking!❤️💯💵 IMayDestroyYou MichaelaCoel YoungGiftedAndBlack

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