Beta Nordic Studios (BNS), a division of German production and sales group Beta Film, has taken a 51 percent stake in Swedish production company Unlimited Stories.
Founded in 2016 by Poa Strömberg, Patrick Ryborn and Linus Stöhr Torell, Unlimted Stories has produced a number of successful feature films in local languages, including A piece of my heart, Sun and Knyckertz. The Stockholm-based group recently got into TV drama with the new series Missing persons, commissioned for the public broadcaster SVT.
Unlimited Stories will be the fifth company under the BNS umbrella, alongside Finnish production company Fisher King (Nymphs, Border town), Icelandic Sagafilm (The Minister, Stella blomkvist), the Norwegian group Cinenord (Atlantic crossing, Wisting) and Swedish Dramacorp (cryptid, Agent Hamilton). Beta Film established BNS in 2019, leveraging Beta’s global sales network to better fund and produce internationally appealing Nordic dramas.
“When Beta Nordic Studios pitched the idea of a true partnership, we really felt that this matched our ambitions for the years to come,” said Poa Strömberg, CEO of Unlimited Stories. “Beta Film’s support and Beta Nordic Studios’ cooperation with Saga Film, Fisher King and Cinenord will take Unlimited Stories to the next level.
Tuesday’s deal for Unlimited Stories comes after a group of nine independent film and television production companies, including France’s Haut Et Court (Lobster, No Man’s Land), the German company Razor Film (Quo Vadis, Aïda?, Waltz with Bashir) and the Norwegian group Maipo Film (State of happiness) has established a creative alliance and signed a three-year partnership with Fremantle to develop and fund high-end drama series.
There is a push for greater consolidation and collaboration in the independent market amid a production boom driven by global streaming companies that have both increased budgets and concentrated financial and creative power in their hands. a small number of streaming and studio players.