FOX Entertainment Sets Up International Unscripted Format Fund

FOX Entertainment and FOX Alternative Entertainment (FAE) have established a $100 million international unscripted format fund to identify concepts for the global market.

The fund will invest in and develop internationally originated unscripted format concepts ranging from reality competitions and variety series to dating and other genres. FAE will co-produce series selected by the fund with each series’ partner.

Rob Wade, president of alternative entertainment and specials of FOX Entertainment, will be responsible for overseeing the fund.

“FOX has long been a global leader in alternative programming,” said Charlie Collier, CEO of FOX Entertainment. “This enviable track record of more than three decades of success brings with it great expectations to remain as the world’s preeminent platform in the genre. This fund presents us with the opportunity to continue identifying and curating formats that fulfill several key objectives: diversify our slate of owned content, expand FOX’s interests globally and better serve our platform partners.”

“Many of the most powerful series that have changed the face of television were unscripted formats that originated outside the United States,” added Wade. “With a deep well of undiscovered ideas across the globe waiting to be recognized, FAE stands ready to deploy this format fund to partner with local creators and networks to develop cost-effective and innovative, broad-based programming that, in success, will also benefit FOX here at home.”