7 JUN 2021

CHANNEL 4'S INDIE GROWTH FUND INVESTS IN PAPER ENTERTAINMENT

The network's growth fund will take a minority stake in Paper Ent., which serves as a co-producer the second season of Apple TV's Apple TV+.

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Channel 4’s Indie Growth Fund has taken a minority stake in Paper Entertainment. “Julien has an infectious passion and drive and is committed to creating high end, quality content,” Caroline Murphy, Head of Channel 4’s Indie Growth Fund, said. ”We’re really excited about the future of Paper Entertainment and we believe that Channel 4’s investment will help propel Paper Entertainment to become a real success story."

Paper Entertainment is on board as a co-producer on the second season of AppleTV+ global hit “Tehran,” which is currently in pre-production. The company was recently set up by Julien Leroux to develop,  finance and produce TV content in partnership with talent and producers around the world.

 Leroux, who was an executive producer on season 1, struck the co-production deal with Apple.   “It is an honour to partner with Channel 4 and the amazing team at the Indie Growth Fund,”  Julien Leroux, Founder and CEO, Paper Entertainment said. “Paper Entertainment aims to create global content which is both entertaining and meaningful and we can't think of a better partner to enable us to achieve this.”

Leroux was most recently Senior Vice President of Global Scripted Co-Productions at Cineflix Media, where - as well as Tehran, who developed projects with producers including Clerkenwell Films, Broadway Video, Hera Pictures and Bryncoed Productions. He was also tasked with identifying, acquiring and launching hit dramas for Cineflix Rights including Icelandic political series The Minister, breakthrough Russian thriller “An Ordinary Woman,” and multi-award-winning Berlinale Series 2020 official selection “Happily Married,” alongside Canadian hit procedural series “Coroner,” all of which have been sold to multiple networks and streaming platforms around the world.

Julien has an infectious passion and drive and is committed to creating high end, quality content. We’re really excited about the future of Paper Entertainment and we believe that Channel 4’s investment will help propel Paper Entertainment to become a real success story.” Caroline Murphy Head, Channel 4 Indie Growth Fund