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Apr 20, 2022 · Former CEO of Nine Entertainment, Hugh Marks, has teamed up with Carl Fennessy, the co-founder of Endemol Shine Australia, to launch Dreamchaser. The studio is backed by Endeavor Content...
Apr 20, 2022 · Marks career at Channel Nine ended in sensational circumstances in November 2020 after he confessed he was in a relationship with recently-resigned Nine executive Alexi Baker, then 38.
- Dreamchaser Launch and Model
- Backing from Endeavour Content
- Dreamchaser Commissions
- Can FTA TV Still Compete with Streaming Platforms?
- The Dreamchaser Co-Founders Are Hands-On
- Could FTA Commission More Drama?
- Growth of Streaming Platforms
Hugh Marks started the conversation with comments about the timing of the launch: “The world has changed with so many opportunities that creatives now have to realise stories. Even in the past 12 months things have completely changed and will probably change even more over the next 12 months. It is an amazing time to be in this business and a great...
Fennessy: “Our colleagues at Endeavour have been terrific. Endeavour was spun out of the William Morris Endeavour Agency about five years ago. They were the content production arm for what was WME and are now one of the fastest-rising independent studios in the world. They work predominantly in scripted, although they are starting to build out thei...
Marks noted there remains the possibility some programs might be market-specific commissions. “At Dreamchaser we expect to do an even mix of scripted, premium factual and entertainment. Who the buyer is will depend on which genre you are playing in. When it comes to scripted production it is going into a more global on-demand environment. In premiu...
Marks: “The FTA model is changing too as it is for everyone in the media business. When FTA commissions a program it will have a FTA window, a catch-up window and then sit on that service for maybe 20 years and create value for them. “In the scripted space when we pitch to Netflix, Amazon, HBO Max, AMC International or Disney the old route was co-p...
Marks: “We sit very close to each other in the office and we are enjoying the opportunity to work together. We seem to have very complementary skills and the balance of those skills will shift depending on what it is that we are looking at. People we work with will get the benefit of those skills and our experience and people are finding that a rew...
Marks: “They are going to have to change the way they account for drama. News and sport, easy, they are disposable programs where you effectively monetise them live. “However, if we were to create a great drama for a FTA network the way they can monetise that has now completely changed. A series has a much longer tail than it would have had five ye...
Fennessy: “The streaming platforms have almost become mainstream. These days everyone is looking for something that many describe as ‘noisy’ whether it be FTA broadcasters or streaming services. Noisy means distinctive and good and it can apply to any genre. “There is so much content out there at the moment, one of the challenges that all platforms...
Apr 19, 2022 · EXCLUSIVE: Former Endemol Shine Australia co-founder Carl Fennessy and ex-Nine Entertainment CEO Hugh Marks have set up a major new Sydney-based production company and have scored backing...
Apr 20, 2022 · Former Nine Entertainment CEO Hugh Marks and Endemol Shine Australia co-founder Carl Fennessy have a launched full-service production and distribution studio with the backing of Endeavor Content. Based in Sydney, Dreamchaser will aim to establish partnerships across scripted, factual and entertainment genres, with a focus on driving global ...
- Sean Slatter
Apr 20, 2022 · Marks is the former head of Nine Entertainment, the TV group that swallowed Fairfax Media and took full ownership of local streamer Stan. Fennessy was the co-founder of Endemol Shine Australia .
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Apr 20, 2022 · Former Nine Entertainment CEO Hugh Marks and Endemol Shine Australia co-founder Carl Fennessy have today announced the launch of Dreamchaser, Australia’s first full-service production and distribution studio based in Sydney. Marks and Fennessy will serve as joint CEOs.
