TV industry veteran Jeff Wachtel has raised financing and assembled a small team to launch Future Shack Entertainment, a production banner focused on developing TV for global markets.
Wachtel has pacted with former NBCUniversal executive Sam Michaels and Yusik Choi, formerly managing director at Rothschild & Co. and an investment banker at Credit Suisse, to launch the banner with significant financing from private equity funds.
Future Shack has also set a partnership with Blink49 Studios, the Endeavor Content-backed banner launched last year by Entertainment One and Alliance Atlantis alum John Moryaniss. Future Shack also has a first-look deal with Roku Channel, one of the many ad-supported channels offered on digital MVPD platform.
“This is the most disruptive and exciting time our business has seen in more than a generation,” Wachtel told Variety. “The opportunity is there for a company that has taste, drive and vision. We believe we can be a creative and commercial launchpad,...
Wachtel has pacted with former NBCUniversal executive Sam Michaels and Yusik Choi, formerly managing director at Rothschild & Co. and an investment banker at Credit Suisse, to launch the banner with significant financing from private equity funds.
Future Shack has also set a partnership with Blink49 Studios, the Endeavor Content-backed banner launched last year by Entertainment One and Alliance Atlantis alum John Moryaniss. Future Shack also has a first-look deal with Roku Channel, one of the many ad-supported channels offered on digital MVPD platform.
“This is the most disruptive and exciting time our business has seen in more than a generation,” Wachtel told Variety. “The opportunity is there for a company that has taste, drive and vision. We believe we can be a creative and commercial launchpad,...
- 7/26/2022
- by Cynthia Littleton
- Variety Film + TV
Former USA Network and UCP head Jeff Wachtel has launched Future Shack Entertainment, a new television production company focused on developing and co-financing shows for global audiences.
Wachtel, who will serve as CEO of the company, has teamed with former NBCUniversal executive Sam Michaels and Yusik Choi, former managing director at Rothschild & Co. and investment banker at Credit Suisse, to launch the banner backed by financing from private equity funds. Michaels will serve as Future Shack’s chief operating officer and Choi as chief financial officer.
Future Shack has received a strategic investment from Endeavor Content-backed Blink49 Studios, with the two companies entering into a long-term development and production arrangement primarily focused on Canadian projects. Blink49 Studios will handle production and distribution of all Future Shack’s projects in Canada.
Additionally, Future Shack has struck a first-look development deal with The Roku Channel, the exclusive home of Roku Originals, that...
Wachtel, who will serve as CEO of the company, has teamed with former NBCUniversal executive Sam Michaels and Yusik Choi, former managing director at Rothschild & Co. and investment banker at Credit Suisse, to launch the banner backed by financing from private equity funds. Michaels will serve as Future Shack’s chief operating officer and Choi as chief financial officer.
Future Shack has received a strategic investment from Endeavor Content-backed Blink49 Studios, with the two companies entering into a long-term development and production arrangement primarily focused on Canadian projects. Blink49 Studios will handle production and distribution of all Future Shack’s projects in Canada.
Additionally, Future Shack has struck a first-look development deal with The Roku Channel, the exclusive home of Roku Originals, that...
- 7/26/2022
- by Denise Petski
- Deadline Film + TV
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