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Vice Studios Eyes Global 'Gangs' Universe Expansion
4 Dec
Summary
- Vice Studios plans to expand 'Gangs of London' franchise globally.
- Potential new series could be set in Miami or Johannesburg.
- Company aims for Marvel-like IP universe with a $75M credit facility.
Vice Studios is exploring significant global expansion for its hit franchise 'Gangs of London.' New studio head Amy Powell expressed ambitions to develop the IP into a universe akin to Marvel's, potentially launching spin-offs in cities like Miami and Johannesburg. She highlighted the universal themes of gangs as families with distinct cultures that translate across different local contexts.
This strategic move aligns with Powell's focus on leveraging scripted intellectual property, supported by a substantial $75 million credit facility. This funding is earmarked to finance $500 million worth of content over the next five years. Vice Studios aims to revitalise its scripted content output following financial restructuring in 2022.
Powell also addressed the closure of Pulse Films' scripted arm, describing it as a strategic rebranding to consolidate a unified Vice Studios identity. Despite this shift, the UK remains a crucial focus for production, with significant investment planned for scripted content. Future projects, including 'Gangs of London' Season 4, will be produced under the Vice Studios banner.
