Channel 4 is to reignite its investment in British production companies after bringing in the former boss of ITV-owned producer The Garden. Nick Curwin, who co-founded the firm, which produces long-running hit 24 Hours In A&E, has joined C4’s Indie Growth Fund Advisory Board.
Curtin will work alongside Lorraine Heggessey and Channel 4’s executive team, which is now headed up by recently installed Chief Executive Alex Mahon. Curwin, who stepped down from The Garden earlier this year, was understood to be one of the candidates in the frame for the C4 Chief Executive job before Mahon was appointed.
Channel 4 owns stakes in producers including drama firm Eleven Film, Sacha Baron Cohen-run Spelthorne Community Television, Voltage TV Productions, Captive-producer Lightbox Media and Barcroft Media Group. It recently sold stakes in businesses including True North to Sky and Renowned Films to Tom Forman’s Critical Content. The £20M (US$27M) Fund was launched in 2014.
C4 Commercial Director Jonathan Allan, who oversees the Indie Growth Fund, said: “Nick brings extensive indie experience having successfully built two major UK factual production companies with award-winning content portfolios. His insight will be invaluable to the team as we continue to help grow our invested companies and seek new investment opportunities.
“In three years the Growth Fund has demonstrated that it is a necessary resource both to the indie sector as a friendly investment partner, and to Channel 4’s remit with all profits successfully reinvested back into the creative economy.”
Curwin added: “This is a lovely role so I’m very pleased to have been asked to help continue the success of the Growth Fund and the companies it part-owns.”