Growth Fund Pic Eleven Film 4 jpgIn its fifth recent investment in an indie outfit, the UK’s Channel 4 has taken a minority stake in drama, factual and comedy producer, Eleven Film. Co-founded by Jamie Campbell and Joel Wilson in 2006, Eleven’s credits include Cast Offs (Channel 4), Playhouse Presents: Mr Understood (Sky Arts), My Breasts Could Kill Me (Sky 1) and, most recently, the eight-part drama series Glue (E4). The London-based producer is currently shooting three-part Sky Living drama, The Enfield Haunting, starring Timothy Spall, Matthew Macfadyen and Juliet Stevenson. It also has the teenage Jesus drama series Nazareth in development at Fox with writer/executive producer David Franzoni.

“Jamie and Joel are young, dynamic TV executives who have worked themselves up from grassroots level to establish a multi-genre production company. We hope through our investment we can help them increase their stronghold in the UK and U.S. particularly in the competitive drama arena,” said C4 chief David Abraham.

The move to invest in Eleven Film is part of a strategy by Channel 4 to help British indies to develop and expand. Via a £20M growth fund it launched earlier this year to nurture the sector — and as so many other indies are being scooped up by broadcasters and larger groups — C4 took minority stakes in four UK companies this summer: Arrow Media, Lightbox, Popkorn and True North.