According to Deadline, Blumhouse have launched an indie tv studio with ITV.
This investment, which values the company at $80 million, according to sources, gives Blumhouse Television the ability to be a true independent studio with the ability to finance and producing original scripted and unscripted ‘dark’ genre programming aimed at global audiences.
The first two series in the deal will be a series version of The Purge, the highly successful genre franchise that will continue as a feature, for USA and Syfy.
Blumhouse Television will team with Universal Cable Productions and franchise creator James DeMonaco on The Purge, which will air on USA and Syfy.
The franchise — about one day each year when murder and mayhem is legalized — hatched its highest grossing effort so far with the recent The Purge: Election Year. While the next Purge feature will be released by Universal summer 2018, DeMonaco will oversee the series which will be an entirely new chapter in America’s 12 hours of annual lawlessness. Platinum Dunes and DeMonaco’s longtime producing partner Sebastien K. Lemercier will executive produce the series.