BBC Worldwide Invests in Two Cities Television

LONDON: BBC Worldwide has taken a minority stake in the production indie Two Cities Television, set up by Michael Jackson and Alex Graham.

In return for its investment, BBC Worldwide will receive global distribution rights in all media for all programs developed by Two Cities during the five-year output term.

Jackson is based in the U.S. and has a long track record on both sides of the Atlantic. He was chief executive of Channel 4 previously, from 1997 to 2001, and was also controller of BBC One and BBC Two. He served as chairman of Universal Television and president of programming at IAC.

Graham is behind the U.K. production outfit Wall to Wall, which is now owned by Warner Bros. He stepped down as chief executive from the company in 2013.