The UK-based company for which Christian Wikander acts as Head of Co-Production, is now under full ownership of US firm StoryFirst PST.

StoryFirst PST headed by media mogul Peter Gerwe has bought the remaining 50% of Pinewood Television from Pinewood Group. According to the official statement, the company involved in development, production and financing of drama series, will change its name on October 31st, but the current managing director Helen Gregory, Christian Wikander and board members Lord Grade, Peter Gerwe and Premila Hoon will remain in place.

Wikander told nordicfilmandtvnews.com: “It’s business as usual and our ambition and strategy remain the same.” Peter Gerwe, founder of StoryFirst said: “Under Helen Gregory’s leadership, after only 18 months of operation, the business is flourishing and is well on its way to being a major player in scripted television drama. Helen and her team will continue to build the company. StoryFirst intends to make additional investments in the growing slate of exciting high-end TV drama projects under the new banner.”

Paul Golding, Pinewood Group’s chairman added: “We’re delighted to have been instrumental in establishing the business and we wish StoryFirst every success in the next stage of the company’s development.  In the meantime, Pinewood will continue to finance independent screen-based content rather than developing new material.” 

Pinewood Television’s strategy is to create high-end quality drama series with a strong universe and potential on the international market. Since its launch and through Wikander’s Nordic connections, the company has backed the Swedish thrillers Jordskott 2 (October 15 premiere on SVT) produced by Palladium Fiction, and Conspiracy of Silence produced by Brain Academy for Viaplay, currently filming.