The Ink Factory, which produced and financed the critically acclaimed BBC/AMC co-pro The Night Manager, adapted from a John le Carré novel, has received $180 million in funding that will be deployed to expand its global reach and boost its development and production slates.
The funding comes in part from its second round of financing, which includes all the first-round investors. Hong Kong and London-based 127 Wall Productions has joined the second round of financing and provided a co-investment facility for all of the company’s film and television productions. Natixis Coficiné, the senior loan provider on The Night Manager, leads a senior debt arrangement for The Ink Factory, providing cash flow for productions.
The first project to be financed by the new arrangements is Hotel Artemis, a feature film currently in post-production in the U.S. that will be released next year. The financing will also be used towards the adaptation of The Little Drummer Girl, starring Florence Pugh.
Simon and Stephen Cornwell, co-CEOs and founders of The Ink Factory, said “We are thrilled to be partnering with 127 Wall to build on the fabulous platform provided by John le Carré’s extraordinary body of work. On top of this, we are already in development on projects with other exciting authors and storytellers. Across the board, we are looking forward to producing, financing and delivering creative, distinctive work across established and emerging mediums. We are also delighted that Coficiné, good partners on The Night Manager, have chosen to extend and broaden our partnership as well.”
Arthur Wang, co-chairman of 127 Wall, noted, “We are especially excited by the creative and commercial dimensions of our collaboration, including in the growing markets in our home base in Asia.”