MGM TV inks Small World first look deal | Deals | News | Rapid TV News
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MGM Television’s Unscripted & Alternative Television, and Orion Television division, led by Barry Poznick, has inked a first look deal with format sourcing company Small World IFT, headed by industry veteran Tim Crescenti.

MGM logo 24June2020Small World IFT, founded by Crescenti in 2005, has a long history or bringing formats to the US market including Better Late Than Never, Silent Library, and I Survived a Japanese Game Show. Crescenti also discovered the landmark show Dragons’ Den aka Shark Tank while at Sony International TV.

The move is designed to bolsters the studio’s access to proven entertainment formats and unique stories from around the world. Under the agreement MGM will have an exclusive first look at international formats sourced by Small World IFT and access to their existing catalogue. Under the new deal, Small World will continue to operate independently, with MGM support and resources.

“Tim has his pulse on what’s going on globally with new, exciting, yet to be discovered IP,” commented MGM TV executive vice president of global formats and unscripted content Scot Cru who also brokered the deal. “He has a unique ability to source amazing formats from the far reaches of the globe and a proven track record of delivering content that not only works domestically, but around the world.”

“The format market has changed out of all recognition since Colleen and I launched Small World back in 2005,” added Poznick, These days, finding a strong format with universal appeal isn’t enough — to bring it successfully to market, you need an equally strong partner that shares the same values and vision. For us, this is not just a game-changing deal, but the strongest possible vote of confidence in Small World’s prospects and potential.”