Olswang has acted for leading TV drama producers Greg Brenman and Roanna Benn on the foundation of Drama Republic Ltd., the pair's new London based production company, for which a first-look distribution deal with BBC Worldwide has been agreed.

At Drama Republic, Brenman and Benn will specialise in high-end TV drama with international appeal.  Drama Republic's knowledge of the international market place, tax rebate production opportunities and strong worldwide broadcaster relationships, will give Drama Republic a formidable position in the international arena.

Prior to Drama Republic, Greg Brenman and Roanna Benn worked together at Tiger Aspect Productions, where they produced a host of prime time drama series, such as Robin Hood and Secret Diary of a Call Girl.  Current projects include Ripper Street  and Prisoners' Wives, as well as My Mad Fat Diary .

Brenman, Managing Director at Drama Republic, commented: "We are very grateful to Olswang for helping us to set up Drama Republic and for supporting us in finding the best path for growth through a first-look deal with one of the most important content distributors in the market, BBC Worldwide.  Olswang has over 30 years' experience in the television sector and it shows."

Benn added: "Our aim is to make Drama Republic an environment where creative people can do their best work and get the support and reward they want and deserve. Having Olswang on our side was crucial in making sure we had the best structure in place to produce high-quality, distinctive, entertaining and gripping dramas that will reach the widest possible audience."

Mark Bertram, Partner at Olswang commented: "With the soon to be introduced tax credit for high end TV content, it is vital that production companies make the most of the opportunities with the right distribution deals in place.  Greg and Roanna will I am sure build a highly successful business and brand from here and we were delighted to help them set up Drama Republic.  We will look forward to seeing further high quality TV programming being produced by them through this new venture."

The Olswang team was led by Corporate Partner Mark Bertram, who was assisted by Corporate Senior Associate Katie Nagy de Nagybaczon, Commercial Associate Rachael Hammond and Corporate Trainee Sean MacKenzie.

http://www.olswang.com/news/2013/01/olswang-advises-on-financing-of-new…