12 hrs ago
STV Studios Raises Two Cities Television Stake To 75%
STV Studios now owns three-quarters of Two Cities Television.
Two Cities is a television production company based in London and New York.
STV first bought a small share of the company in 2020.
It increased that share to 51% in 2024.
A recent filing shows that STV has now raised its ownership to 75%.
STV said it planned to keep increasing its stake as Two Cities grew.
Two Cities makes shows including Blue Lights and Amadeus.
It is also working on several upcoming projects.
STV Studios increased its ownership of Two Cities Television from 51% to 75%.
The change was disclosed in a recent Companies House filing and confirmed by STV.
STV first acquired a minority stake in Two Cities in 2020, raising it to 51% in 2024.
Two Cities Television is led by Michael Jackson and Stephen Wright and operates from London and New York.
Its projects include Blue Lights, Amadeus, Army of Shadows and an upcoming RTÉ series starring Kate Mulgrew.
- Who
- STV Studios and Two Cities Television, led by Michael Jackson and Stephen Wright.
- What
- STV Studios increased its stake in Two Cities Television from 51% to 75%.
- Where
- Two Cities Television is based in London and New York.
- When
- The change was reported in a recent Companies House filing; STV previously raised its stake to 51% in 2024.
- Why
- STV said it intended to increase its stake as Two Cities Television continued to grow.
Key facts
- New ownership stake
- 75% held by STV Studios
- Previous stake
- 51%, increased in 2024
- Initial investment
- STV took a minority stake in 2020
- Two Cities leaders
- Michael Jackson and Stephen Wright
- Locations
- London and New York
- Selected productions
- Blue Lights, Amadeus and upcoming projects including Army of Shadows
Quotes
STV spokeswoman
A spokeswoman for STV, which owns STV Studios
“As was the plan from the point we moved to a majority holding of Two Cities Television in early 2024, our intention has been to continue to increase our stake as the label grows. The company continues to go from strength to strength and, accordingly our stake has increased to 75%.”
deadline.com
Michael Jackson
Co-founder of Two Cities Television and former BBC One and Channel 4 executive
“One helps keep the operation going and gives you the run room to develop the other”
deadline.com
Sources
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