The growth is consistent with a recent study from Harvard Business School, commissioned by IAB, which showed the internet economy has grown seven times faster than the U.S. economy over the past four years and now accounts for 12% of the U.S. GDP.
The new social experiment format has been sold to CPL Productions (UK), Redseven Entertainment for Germany, Satisfaction Group for France, Pesci Combattenti for Italy and Monday Productions for Norway.
The multi-title licensing deal including the titles, "The Ark,” “Leverage: Redemption,” and “Almost Paradise" correlates with the annual networking event, based in Cannes.
The catalog includes several factual shows, foreign-language dramas, and formats, such as "Ellie Simmonds: A World Without Dwarfism?," "Scotland: Escape to the Wilderness," and "Storm Lara," among various others.