IM Global Enters TV Business

LOS ANGELES: IM Global has established a TV production and distribution operation, IM Global Television, which is led by former Syfy president Mark Stern.

Stern joins as president and partner in the new venture. He was most recently the president of original content at Syfy, also serving as co-head of original content for Universal Cable Productions.

The new venture is aimed at creating high-quality scripted content with various creative talents. IM Global, a subsidiary of the Indian conglomerate Reliance, has long been involved in feature film financing, production and sales.

Stuart Ford, the company's founder and CEO, said “We’ve spent a considerable amount of time exploring the right entry point for IM Global to enter the television business and Mark brings to our new operation an outstanding track record, skill set and profile. In just seven years we’ve established ourselves as one of the most prolific feature film players outside of the major studios in Hollywood, and in partnership with Mark I look forward to us now becoming a recognized force in the fast-evolving global television arena.”

Stern added, “With their impressive feature-film track-record, muscular financial backing, strong international relationships, and innovative entrepreneurial spirit, Stuart Ford and his team at IM Global are the perfect partners. I couldn't be more excited to bring everything I've learned as a producer, network and studio executive to this new venture. Our ability to independently develop, produce, and distribute will give IM Global Television the creative and financial flexibility to empower top-tier talent and create distinctive, break-out television of uncompromising quality."