MGM Studios’ production partnership with Dutch format creator Concept Street has come to an end. In a statement released this morning, Concept Street chief Roy Aalderink revealed the joint venture with the Amazon-owned company had “concluded as originally intended after five years.” Aalderink will assume full control of Concept Street and continue running the business as an indie. “I’m grateful for MGM’s partnership and initial investment in the company back in 2018, which helped to launch Concept Street.
Now, five years later, I’m excited to continue our journey as an independent company,” said Aalderink. Concept Street’s launch was MGM’s first move into local international television production under Mark Burnett.
Veteran European formats execs Aalderink and Peter Lubbers teamed to launch the business, which aimed to produce local originals and had access to MGM’s slate on non-scripted shows.
Burnett left his role as Chairman of MGM’s Worldwide Television Group, in the wake of Amazon’s $8.5B acquisition of the studio.
Read more on deadline.com
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