STV Group PLC Channel 5 Commissions new daytime series from STV
June 27 2022 - 1:30AM
RNS Non-Regulatory
TIDMSTVG
STV Group PLC
27 June 2022
Monday 27 June 2022
Channel 5 Commissions new daytime series from STV Studios
-- New series comprises 80 x 60" episodes of The Great Auction Showdown with Paul Martin
-- Latest in a series of high value commissions, following C4's
recommission of drama Screw, and new 8-part crime thriller for
Apple, Criminal Record, announced last week
-- Reminder: STV will hold a Capital Markets event focused on STV Studios today at 2pm
Channel 5 has announced a new series commission which forms part
of the channel's expansion, bringing original programming to
daytime. The Great Auction Showdown with Paul Martin (working
title) (80 x 60") is to be produced by STV Studios in Scotland,
commissioned by Commissioning Editor, Non-Scripted, Channel
5/Paramount+ Adrian Padmore for Channel 5. Executive Producers are
Rosy Marshall-McCrae and John Redshaw for STV Studios.
The Great Auction Showdown with Paul Martin will play out
stripped across the week, where much-loved antique dealer, Paul
Martin, will go head-to-head with a rival expert as they compete to
make the most at auction in a fun, yet fiercely competitive new
format. Filmed throughout the country, each episode will see the
competing experts take part in a number of entertaining
'challenges' before auctioning their goods at the end of each day.
From persuading the public to let them sell their beloved family
heirlooms, to beating the clock, and discovering the towns' most
valuable items, to standing on the rostrum and convincing the
public to part with their hard-earned cash - who will be crowned
Britain's best auctioneer of the week?
Craig Hunter , Creative Director of Factual at STV Studios,
said: "We're thrilled to be partnering with Channel 5 for this fun
and competitive new format. Paul is the consummate host and pitting
him against new experts each week promises to be a fast paced and
energetic showdown. We can't wait to see what the public challenge
Paul and his rivals to sell."
Adrian Padmore, Commissioning Editor, Non-Scripted, Channel
5/Paramount+ added : " I am really excited to be launching this new
and exciting auction series and to have the expertise of Paul
Martin on board. It is going to be very competitive, gavels at the
ready!"
This announcement follows recent news of a recommission for STV
Studios from Channel 4 for a second series of prison drama, Screw;
and a commission for STV Studios and Tod Productions from Apple TV+
for an eight-part drama, Criminal Record. On Monday 20 June, STV
Group plc provided updated guidance advising that the business now
produces 9 returning series (up from 4 in 2020) and would exceed
its stated 3 year-target to more than quadruple production revenues
to GBP40m by the end of 2023 compared to the baseline year of 2020
(GBP8.7m).
There will be a virtual Capital Markets Event focusing on STV
Studios at 2pm today, Monday 27 June. If you would like to attend
please email angela.wilson@stv.tv . Materials presented during this
event will subsequently be made available in the Investor Relations
section of the STV website.
For more information, please contact:
Camarco:
Ben Woodford, Partner, Tel: 07790 653341
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