Kew Media Backs New Scottish Venture

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Kew Media Group has joined merchant bank Noble Grossart and U.K. broadcaster Channel 4 in investing in Two Rivers Media, a newly formed production company based in Scotland.

Kew has the option to take a controlling stake in the new outfit, formed by Alan Clements to produce factual, daytime series and features, entertainment shows and scripted. Mick McAvoy, the former head of documentaries and factual at STV Production, will head Two Rivers’ factual business. The company’s first commission is Children of the Devolution for BBC Scotland.

“Kew’s interest in Two Rivers Media demonstrates the continued expansion of our international footprint, as well as our commitment to a broad range of content created by some of the best talent in our industry,” said Steven Silver, founder and CEO of Kew. “We’ve found incredible creative and business partners in Alan Clements, Noble Grossart, and Channel 4.”

Alan Clements, CEO of Two Rivers Media, added, “Companies have launched with an international backer, an expert finance team or Channel 4 but never with all three. We share an exciting vision for our production company that is proudly Scottish, but also focused on the U.K. and international markets.”

Sir Angus Grossart of Noble Grossart, said, “We are delighted to be a part of this very strong partnership, and to work with proven talent of high quality.”

Jonathan Allan, chief commercial Officer of Channel 4, stated, “We are thrilled for the Indie Growth Fund to become a part of the Two Rivers Media story. As we prepare to open new creative hubs in Glasgow and Bristol, and a new national headquarters in Leeds, this investment is a further example of Channel 4’s commitment to nurturing and supporting the creative industries in the nations and regions. Alan’s reputation in the industry is second to none, and I am looking forward to seeing the shows that he creates.”