Fifth Season’s Chris Rice: “Media Stocks Crash Creates Co-Production Opportunity”

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Fifth Season Co-CEO Chris Rice has said the pressure on media stocks is creating a by-product for globally-minded production companies: more co-production opportunities

has said the pressure on media stocks is creating a by-product for globally-minded production companies: more co-production opportunities.

“I don’t think we will see a collapse in shows being bought. It’s strange to hear a Brit being optimistic but we feel unbelievably excited by what challenge can bring to the market and what that can mean for co-productions with networks who were before looking to fully own something. We’re very purposely in lots of different segments because we’ve weathered a lot of these cycles before.”

“If you didn’t have a looming recession and stock market problems, I’m not sure it would have led to collaboration,” he added.

 

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