Eagle Eye Drama will produce English language dramas based on hit foreign language programmes that have been distributed on Walter Presents channels across the world.

Channel 4 will be a stakeholder in the new company and will invest through the Indie Growth Fund, which is aimed to support independent enterprises in the UK’s creative sector.

With several dramas already in development, Eagle Eye Drama has won two commissions from two broadcasters that will be announced in early 2020.

Walter Iuzzolino, CEO of Eagle Eye Drama, commented: “Walter Presents is uniquely placed to spot drama series with the potential to become stand out brands on the international stage and to identify the European creatives with the talent to produce beautifully crafted stories.

“The next logical step for us is to bring together the best drama ideas from around the world and the most inspiring production talent who can re-imagine them for a mainstream English-speaking audience.” 

Alex Mahon, CEO of Channel 4, added: We’re very excited to extend our successful partnership with Walter, Jo and Jason as they expand into production to bring foreign TV gems even closer to British audiences through this innovative venture.”