FilmNation Entertainment and Nordic Entertainment Group (NENT Group) announced a new joint venture.

The U.K.-based television enterprise will develop, produce, and finance scripted television targeted toward international audiences. Leveraging both companies’ talent relationships, the new venture will develop a dedicated television content pipeline in order to expand the global footprint of both FilmNation and NENT Group. NENT Group will also be offered the first option on Nordic media rights to all of the venture’s productions.

Anders Jensen (pictured), NENT Group president and CEO, commented, “This milestone partnership with a major international studio creates numerous strategic benefits for NENT Group. We now have long term access to some of the world’s most prestigious upcoming scripted content and co-own a high growth company in the dynamic U.K. production market. At the same time, we can offer even more attractive, one of a kind stories to our customers and partners.”