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The team behind foreign-language drama company Walter Presents is launching a new scripted venture called Eagle Eye Drama with backing from Channel 4.

Walter Iuzzolino, Jo McGrath and Jason Thorp are behind the new company which will focus on producing English-language drama series inspired by foreign-language hit shows they have discovered and championed on Walter Presents.

Like Walter Presents, Eagle Eye Drama has the backing of U.K. broadcaster Channel 4, which will be investing in it through its Indie Growth Fund and taking a minority stake in the new company. Financial details weren’t disclosed.

Walter Iuzzolino, CEO of Eagle Eye Drama, said, “Walter Presents is uniquely placed to spot drama series with the potential to become stand out brands on the international stage and to identify the European creatives with the talent to produce beautifully crafted stories. The next logical step for us is to bring together the best drama ideas from around the world and the most inspiring production talent who can re-imagine them for a mainstream English-speaking audience.”

Alex Mahon, CEO of Channel 4, added, “Walter’s passion, expertise and understanding of tastes in global TV drama is unrivalled, demonstrated by the huge success of Walter Presents. We’re very excited to extend our successful partnership with Walter, Jo and Jason as they expand into production to bring foreign TV gems even closer to British audiences through this innovative venture.”