Investing in Growing European Media Content Business
Creating success stories in TV, Film and Interactive media
A sector fund promotes drama content 14.03.2019
Article in Fund II anchor investor Tesi’s annual report 2018
Fund manager IPR.VC is looking for bold European drama productions for global distribution.
IPR.VC invests in the digital media content business in Europe through its two funds. A longstanding problem in the sector is the gulf between content producers and investors: production projects are accustomed to receiving their financing from TV channels and movie companies. Most VC investors invest in B2B technological platforms and software, and the real core of the sector – content – has been underserved.
Tanu-Matti Tuominen, a serial entrepreneur in digimedia, creative director and investor in technology, saw this as a market niche. He co-founded a company investing in content and a media-focused fund in autumn 2014 together with media management consultant and company director Timo Argillander and veteran venture investor Jarkko Virtanen.
“We challenge entrepreneurs to seek international success and new distribution platforms with their media content. New distribution platforms have widened viewers’ freedom of choice, and the demand for interesting multilingual content and media business have both grown strongly,” says Tuominen.
ENTERTAINMENT SERIES AND MOVIES. The second fund, to open in early 2019, will focus on the media production and licensing business from earlier investments. The fund’s target size is MEUR 60-70. Operations will expand, with a partner joining the enlarged team in London and consultants in Berlin, Paris and Copenhagen. The fund’s target size is MEUR 60-70. Its operations will expand.
“We’ll focus our activities in Fund II on TV and movie content as well as on new interactive content. Earning the trust of investors is the alpha and omega in the sector fund business, so we’re delighted to have Tesi as a key investor in our new fund. Tesi’s involvement gives our fund a quality guarantee. Other investors trust the screening conducted by Tesi, making it easier for them to join us,” says Argillander.
Read the whole article here.
Photo of Timo Argillander (left) and Tanu-Matti Tuominen by Junnu Lusa
Finnish TV Academy’s Best program of the year for large scale international TV series 25.09.2018
The team behind Love of the Wild, a TV series that was the first northern Finnish production to win Best program of the year, is making history once again. The same team that made Love of the Wild a success, is currently filming its international version Love of the Wild – From the Alps to the Arctic.A major party involved in the funding of the series is from IPR.VC.
The series is being filmed, as the title implies, from the Alps all the way to the Arctic areas of Europe, in five different European countries at the same time. The preparations for the series started in September 2017, and filming began in August 2018. The series will be in international distribution in 2020.
Äijä the dog to become an international star
The series presents the extremes of European nature, a natural way of life and people living in different cultures more impressively and extensively than any series before.
– We are filming in locations that are amazing and unique on a world scale. This is a whole new format and the series is created in 4K high definition technique according to the latest international quality standards, says Executive Producer Teemu Hostikka.
Because of the demanding filming locations, the series has hired, in addition to the experienced filming crew that worked on Love of the Wild, cameramen from Europe that are experienced in difficult and dangerous mountain conditions. The Finnish stars of the series are Aki Huhtanen, Emilia Laitinen and Äijä the dog, well known from the Finnish version. The new series follows their life in the gorgeous landscapes of Finnish Lapland.
– Finnish drama has taken major international steps in recent years. Nature related content is also one of our strengths, and Eränkävijät/Love of the Wild has a great opportunity to be the torch bearer in this development, says Director of Creative Content Ville Vilén from YLE.
Backed by well known investors and big names in the TV industry
The Finnish distribution rights to the series belong to Finnish Broadcasting Company YLE, and the first season airs in the Spring of 2020. A major party involved in the funding of the series is private equity investor for media content, IPR.VC, which was impressed by the international potential of the series.
– Love of the Wild is an appealing and original series in which the creators’ true love for nature is conveyed to the viewer. We believe that the international version Love of the Wild – From the Alps to the Arctic will speak to viewers all over the world and bring success to both the production company and the investors of our fund, says Tanu-Matti Tuominen, partner and one of the founders of IPR.VC.
Love of the Wild – From the Alps to the Arctic is the largest undertaking so far for production company NTRNZ media Ltd, strongly headed for the international markets. The consultant for international sales for the series is Jorma Sairanen, the Grand Old Man of the TV Finnish industry. Sairanen realised the potential of Love of the Wild early on.
– IPR requested me to assess Finnish TV productions in the autumn of 2017, considering their international sales potential. Of the non-fiction productions being prepared at the time, Love of the Wild was a clear number one for me. The series has very good chances to be distributed internationally on TV-like platforms, says Jorma Sairanen.
The first two Finnish language seasons of the Golden Venla winner Love of the Wild have been sold to over 30 countries, and the third season premieres October 14th on YLE TV1 channel and YLE Areena streaming service.
For more information:
+358 45 639 8664,
Executive Producer / Showrunner
NTRNZ media Oy
Partner, Co-Founder / IPR.VC
+358 500 593001
IPR.VC Invests in THE RED HARLEQUIN YA Fantasy Book Series 21.06.2018
(London, United Kingdom, June 20, 2018) Leading Finnish media fund IPR.VC has entered an agreement to fund the development of a TV series based on Roberto Ricci’s YA Fantasy book series, The Red Harlequin. The agreement was reached with the author and his agent Lisa Hryniewicz, who have consequently co-founded Pantomimus Media, a limited company that will hold and develop all rights to The Red Harlequin.
The agreement will see IPR.VCinvested in the immediate development of a TV series and the long term, multi-platform strategy of the YA fantasy property, which currently encompasses five books (with five more planned over five years), a graphic novel (with a second in production), and several licensees (music, jewellery).
Timo Argillander, Managing Partner at IPR.VC, commented, “The Red Harlequinis a unique and compelling IP whose content can easily extend from books and comics to a plethora of formats and adaptations, such as TV, music, video games, film and licensing. We are confident that The Red Harlequinwill become an exciting phenomenon.”
“We are thrilled that the team at IPR.VC has joined us in developing The Red Harlequinas a global entertainment franchise,” added Roberto Ricci, creator of The Red Harlequinand Managing Director of Pantomimus Media. “IPR’s strategic support will be instrumental to itssuccess as a quintessential 360transmedia property and we are very excited to be working together to make it happen.”
IPR.VCis a dynamic venture capital investment company specialised in funding digital media content, for both domestic and international markets. Since its launch in 2015 the company has already amassed an impressive and varied portfolio of content including: Scandinavian crime drama Bordertown,distributed byFederation Entertainment; animated preschool show Gigglebug currently airing on Milkshake, YLE and SFR; and feature film How to Sell a War, directed by Rudolph Herzog, to name a few.
The first stage of IPR.VC’sinvestment in The Red Harlequin TV series development has kicked off with newly formed Pantomimus Media, in association with Executive Producer Rick Porras. Porras’ previous credits include: Peter Jackson’s The Lord of the Rings Trilogy (co-producer, and second unit director); Robert Zemeckis’ Contact andForrest Gump; and most recently, Sony London Studio’s upcoming title, Blood & Truth– a high-octane action narrative game, developed exclusively for PlayStation VR (performance capture directing).Porras will draw on his singular experience in ground-breaking, fantasy mega-projects, to oversee both the creative aspects of the TV production as well as its long-term 360 strategy.
The Red Harlequin saga features Asheva, an aspirational teenager living in a complex world divided among Chrome Nations, where everyone lives hidden behind a mask. Drawing inspiration from events such as the Arab Spring, Indignados and Occupy Wall Street, The Red Harlequinis a visually stunning and highly engaging allegory on society, religion, politics, morality and revolution – and a mirror of the current youth and populist movements currently shaking the globe.
The first five The Red Harlequinbooks are sold on Amazon where they have topped several best-seller lists. French language rights are held by Editions Ada, a specialist in Youth, YA and Adult fiction such as Divergent(Veronica Roth), Merlinseries (T.A. Baron), Fablehaven(Brandon Mull), Beyonders(Brandon Mull), and the Sweepseries (Cate Tiernan). The graphic novel rights are represented by leading European agency VIP Brands (Ivanka Hahnenberger).
For more information see: www.theredharlequin.com
Founded by Timo Argillander, Tanu-Matti Tuominen and Jarkko Virtanen in 2015, IPR.VC is a venture capital investment company specialised in digital media content.We are currently investing through IPR.VC Fund I, a Finnish venture fund of 20M€ total capital from professional institutional investors.
IPR.VC is looking for excellent media content creators and products to finance them and to help them to have international business. The funding gives the content creators and developers more influence for their products and productions commercialisation.
As a target company segment, IPR.VC serves unlisted, small, early-stage media and entertainment companies that produce replicable media content products, from mobile to big screen, aas well as physical goods for international markets.
The Finnish Financial Supervisory Authority (FIN-FSA) has registered IPR.VC Management as Alternative Investment Fund Manager. IPR.VC Management follows Invest Europe Professional Standards and IPEV Valuation Guidelines in investor reporting and valuation of investments.
About Roberto Ricci
Roberto Ricci is a fiction, short story and screenplay writer, with first-hand experience in dealing with diversity and children. During his long and varied career, he has worked as a journalist, been an officer in the Italian Army and a Senior Executive at Rainbow, a leading international children’s entertainment company. A true citizen of the world, he also attended NYU and the European Business School. He has lived in Tokyo, New York, Rome, Milan, Paris, and London. Even more importantly, Mr. Ricci has children of his own, so he continually re-experiences the world with a fresh perspective, through their eyes.
Tel: +44 203 652 5629
Mob. +4478 1140 6366