Deal marks first major international acquisition for former Fox chief’s entertainment group.
Peter Chernin’s The North Road Company has completed its first major international acquisition, Karga Seven Pictures, one of Turkey’s leading film and TV producers.
Karga Seven established itself first as a creator of factual content in the US, before shifting to a global focus on scripted films and series. Its credits include Netflix’s English-language Rise of Empires: Ottoman and the Turkish-language time travel drama Midnight at the Pera Palace. The company also produces Turkish television drama series including Hekimoglu, adapted from the US series House.
Peter Chernin’s The North Road Company has completed its first major international acquisition, Karga Seven Pictures, one of Turkey’s leading film and TV producers.
Karga Seven established itself first as a creator of factual content in the US, before shifting to a global focus on scripted films and series. Its credits include Netflix’s English-language Rise of Empires: Ottoman and the Turkish-language time travel drama Midnight at the Pera Palace. The company also produces Turkish television drama series including Hekimoglu, adapted from the US series House.
- 6/7/2023
- by Tim Dams
- ScreenDaily
Peter Chernin’s global multi-genre studio The North Road Company has acquired Turkish film and TV powerhouse Karga Seven Pictures in its first major move to expand its international market footprint.
Karga Seven originated as a factual content creator in the U.S. before moving into Turkish scripted films and series. Their most recent standout products are Netflix’s original hits “Midnight at the Pera Palace” and “Rise of Empires: Ottoman.” But they now produce many of Turkey’s top shows, including “Hekimoglu” — adapted from the U.S. series “House.”
Karga Seven’s founders — Emmy-nominated producers Sarah Wetherbee, Emre Sahin and Kelly McPherson — will remain in leadership roles, according to a statement. Wetherbee and Sahin will serve as global co-CEOs with McPherson as head of English-language content, alongside industry veteran and newly hired Ömer Müjdat Özgüner, who will now serve as Karga Seven’s Turkey CEO.
“The leadership team will...
Karga Seven originated as a factual content creator in the U.S. before moving into Turkish scripted films and series. Their most recent standout products are Netflix’s original hits “Midnight at the Pera Palace” and “Rise of Empires: Ottoman.” But they now produce many of Turkey’s top shows, including “Hekimoglu” — adapted from the U.S. series “House.”
Karga Seven’s founders — Emmy-nominated producers Sarah Wetherbee, Emre Sahin and Kelly McPherson — will remain in leadership roles, according to a statement. Wetherbee and Sahin will serve as global co-CEOs with McPherson as head of English-language content, alongside industry veteran and newly hired Ömer Müjdat Özgüner, who will now serve as Karga Seven’s Turkey CEO.
“The leadership team will...
- 6/6/2023
- by Nick Vivarelli
- Variety Film + TV
Exclusive: Peter Chernin’s North Road Company has completed its first major international acquisition, Karga Seven Pictures, one of Turkey’s leading film and TV producers.
Istanbul and LA-based Karga Seven is best known for English-language period piece Rise of Empires: Ottoman and Turkish-language time travel drama Midnight at the Pera Palace, both of which were made for Netflix and reached number one in Turkey and charted on the streamer’s Global Top 10. The company also produces hit Turkish dramas such as Hekimoglu, adapted from the U.S. series House.
Financials were not disclosed.
Karga Seven received majority investment from Red Arrow back in 2015. North Road acquired Red Arrow’s U.S. assets last year in a deal pegged around $200M. This is a separate deal, which marks North Road’s biggest overseas investment yet.
Karga Seven’s founders, Emmy-nominated producers Sarah Wetherbee, Emre Sahin, and Kelly McPherson, will remain in leadership roles.
Istanbul and LA-based Karga Seven is best known for English-language period piece Rise of Empires: Ottoman and Turkish-language time travel drama Midnight at the Pera Palace, both of which were made for Netflix and reached number one in Turkey and charted on the streamer’s Global Top 10. The company also produces hit Turkish dramas such as Hekimoglu, adapted from the U.S. series House.
Financials were not disclosed.
Karga Seven received majority investment from Red Arrow back in 2015. North Road acquired Red Arrow’s U.S. assets last year in a deal pegged around $200M. This is a separate deal, which marks North Road’s biggest overseas investment yet.
Karga Seven’s founders, Emmy-nominated producers Sarah Wetherbee, Emre Sahin, and Kelly McPherson, will remain in leadership roles.
- 6/6/2023
- by Andreas Wiseman and Max Goldbart
- Deadline Film + TV
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