Fox Searchlight Pictures has launched a new TV division, the company announced on Wednesday. The division will produce series for broadcast, cable and streaming.
David Greenbaum and Matthew Greenfield, senior executives with nearly two decades of experience with the company between them, have been promoted to presidents of Production for Film and Television, adding Searchlight Television to their area of oversight.
“At such an exciting moment for the company, we feel it is the perfect time to provide new avenues for visionary and innovative talent as well as to recognize the contributions of David and Matthew,” said Fox Searchlight Pictures Presidents Nancy Utley and Steve Gilula.
The news follows a big year for the specialty film label, which recently struck gold with awards juggernauts “The Shape of Water” and “Three Billboards Outside Ebbing, Missouri.” Those two films are part of a larger library that the studio plans to leverage for TV and streaming adaptation, in addition to creating original content.
It also comes as Fox Searchlight is headed to Disney as part of the company’s larger deal to acquire 21st Century Fox.
Said Stacey Snider, Chairman and CEO, Twentieth Century Fox Film, “The relationships that the Searchlight team forges with talent are deep and abiding. It only makes sense to extend these relationships into television so Searchlight can continue to tell great stories on every platform.”
Said Peter Rice, President, 21st Century Fox, and Chairman and CEO, Fox Networks Group, “At such an exciting time for storytelling, all the Fox channels and studios are thrilled to be collaborating with Searchlight as it expands its unique brand of groundbreaking excellence into television.”
“Searchlight has always been dedicated to bringing the unique stories of passionate creators to audiences worldwide,” added Greenfield and Greenbaum. “This evolution allows us to expand upon that mission, and provides our talent new opportunities to tell their stories in the widest variety of creative outlets, all the while maintaining the safe haven and dedicated creative approach that is Searchlight’s hallmark.”