The two companies have also launched a joint development fund to create new programming to produce together or separately for international distribution.
"We're interested in expanding our reach around the world," says Fox chair Dana Walden, "ITV has a similar brand; they're creatively adventurous." With U.S. networks looking to alter traditional production and business models, ITV execs say the timing was finally right for such a U.S.-U.K. programming venture.
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