Berman, Braun Get NBC Financing Deal

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NBC Universal Television on Monday agreed to a three-year deal to finance the newly formed boutique production studio headed by veteran TV executives Gail Berman and Lloyd Braun, the Los Angeles Times reports.


The pair , former top programmers for Fox Broadcasting and ABC , had initially sought to create an independent production company that would own the programming it produced. The arrangement with NBC Universal, a unit of General Electric Co., accomplishes much of that and provides Berman and Braun with greater autonomy than most producers get when they go into business with major media companies.


Typically, producers are folded into a media company’s TV production arm and answer to the head of the studio. But with the new arrangement, Braun and Berman will bypass NBC Universal Television Studio and deal directly with NBC Universal’s top executive on the West Coast, Marc Graboff.


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