All3Media America and Cinetic Media have jointly established an original content development fund that will see the two companies create premium film and television for global platforms and audiences.
The joint venture, announced today (Oct. 3), seeks to leverage All3Media America’s development and production expertise with Cinetic Media’s talent roster and access to IP.
Julia Zak has been hired as senior development executive, tasked with sourcing existing IP and developing original concepts. In her previous experience at WME and Red Wagon Entertainment, Zak has focused on highlighting female filmmakers and creators of color.
“This partnership will supercharge the acquisition of new IP by providing the necessary resources for storytellers to realize their vision and create world-class content for a multitude of platforms,” Tim Pastore (pictured left), All3Media America CEO, said in a statement.