Endeavor content is no more.
The independent studio was renamed Season Five, effective September 7, with the company’s new name following an earlier agreement with the WGA to divest a majority stake in the affiliated studio. The fifth season, as it is known, is currently 80% controlled by South Korea’s CJ ENM. Endeavor still holds 20 percent interest in the studio behind shows including Apple’s Emmy nominations QuitAMC’s New Year’s Eve Killing and features The lost daughter, among others.
The name Season Five is derived from Eastern medicine, which acknowledges the so-called “fifth season” as the time to celebrate the late summer harvest.
“We love this East meets West concept,” said co-CEO Chris Rice The Hollywood Reporter. “Our business has been globally focused from day one. The philosophy of what we want to do and where we see the market go before we launch Endeavor Content is a combination of film and television and the idea that American audiences can only deal with The American scene and the characters were something we dismissed early on. In our early days, Night manager, New Year’s Eve Killing, Top of the Lake, those shows speak to all those tendencies and beliefs. We like the idea that the brand reflects a global idea. “
Rice and Graham Tayor continue to serve as co-CEOs, with Tim Robinson as COO, Kasee Calabrese as CFO, Joe Hipps leading the television studio, and Alexis Garcia overseeing the feature film team. The company currently employs 220 employees. CJ ENM, the company behind the movies include Parasites and Snowpiercer, secured an 80% investment in Endeavor Content in November. Endeavor Content was valued at $850 million at the time. Part Five was spun off earlier this year in a $1 billion deal. Upcoming titles include Apple’s final season See, 80 for Brady, Book Club 2 and Lady in the Lake, among others.
Endeavor has agreed to divest its affiliated studio after lengthy negotiations with the WGA in a battle over packaging rights. In exchange for representing the writers again, Endeavor agreed to sell Endeavor Content and phase out the packaging.