Fremantle, BRON take stake in The Immigrant | Major Businesses | Business
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Fresh from its own corporate shake up, Fremantle is to further expand into the scripted space joining BRON Media with a global agreement and equity investment deal in the production company The Immigrant.

Camila Jimenez theimmigrant 1Nov2019Co-founded by Camila Jimenez (pictured) and Silvana Aguirre in 2019, The Immigrant produces premium dramas that focus on Hispanic and Latinx content in the US and abroad. It has secured an as yet to be announced new full commission, and has multiple projects in active development including a co-production with Fremantle’s Wildside (My Brilliant Friend, The New Pope) with Lucia Puenzo (La Jauria, The German Doctor) attached as the showrunner. The company is based in Los Angeles, with offices in Mexico and Spain. A new office is opening in Colombia in 2020 with further Latin America expansion planned.

Prior to setting up the new production company, Jimenez acted as the content officer for Fusion Media Group heading the premium content studio Story House and executive-producing projects such as Netflix’s El Chapo and Murder Mountain. Silvana Aguirre was the creator and showrunner of El Chapo and previously held the role of Creative Director at Story House. Aguirre is also head of development.

“Over the past several years Silvana and I have been working to change the paradigm around Latinx television focusing on creative talent, both established and emerging, and stories that connect with the audience, regardless of where they take place,” Jimenez remarked. “We are very excited about this partnership: Fremantle’s established brand, international footprint and strong network of creative outlets, coupled with BRON’s bold support of creators, perfectly align with our strategic vision.”

Fremantle has acquired a 25% stake of the company, marking its first major equity investment in the Latinx and Hispanic scripted market and has a plan to grow equity participation over the next few years. The Immigrant is the latest acquisition for Fremantle and its drama business. Previous investments include acquiring Wildside (My Brilliant Friend, The New Pope) and Scandi label Miso Film (The Rain), majority stakes in French label Kwai (The Last Wave, Baron Noir), Abot Hameiri in Israel and Australian Easy Tiger (Rake, Jack Irish), as well as a minority stakes in the UK indies Dancing Ledge and Gurinder Chadha fronted Bend It TV.

“Camila and Silvana are exactly the type of talent that Fremantle was born to be home to,” commented Fremantle COO Andrea Scrosati. “Its unique multicultural approach to storytelling is very impressive, and it is an approach we believe is incredibly relevant in the times that we are living in. Our partnership with The Immigrant marks our first equity investment in Latin America, a vibrant region in terms of creativity, culture, and commercial potential, and confirms our commitment to continue to invest in this area.”

BRON Ventures, the venture arm of BRON Media has acquired a minority stake in the company. “We’re delighted to have THE IMMIGRANT join the BRON Ventures group of companies and to expand our reach to an ever-growing global audience,” said Ashley Levinson, BRON’s chief strategy officer. BRON’s films include the recently released Joker and the upcoming Queen & Slim and Bombshell.