Mark Bishop, co-president at Blue Ant Studios, talks library value and financing challenges

With buyers flocking to London TV Screenings and Mip London this week, Broadcast International speaks to Mark Bishop, co-president at Blue Ant Studios, about securing his pipeline and using his company’s channels business to be more agile.

Describe the state of the distribution sector in a few sentences.

Mark Bishop_Headshot_Square

Mark Bishop

As global commissioning slows, the distribution sector thrives, especially for those with premium catalogue libraries. While buyers struggle to commission original series, they still need fresh, finished content. Distributors with strong catalogs are maintaining a solid position and excelling globally.

What is the biggest challenge for the global distribution industry in 2025?

Distributors are on an ongoing quest to secure premium content amid rising competition in the global marketplace. Compounding this challenge, producers are facing difficulties in financing high-quality projects, leading to reduced commissioning volumes and fewer new products entering the market. As a result, distributors face greater challenges in finding, co-financing and securing top content, which means that more efforts is required to find and secure great projects.

What is the biggest opportunity for the global distribution industry in 2025?

As global buyers continue to look for creative financial solutions for new content, distributors can now play an increasingly important role to package and co-finance new series, often gaining a creative seat at the table.

How have discussions with buyers (both commissioners and acquisitions execs) changed in the last 12 months?

Commissioners are exploring alternative financing models to bring in more partners and lower premium content costs. With rising production costs, there’s a focus on reducing financial risks. Buyers are also embracing flexible, multi-tiered distribution models, like shared second windows on FAST platforms, balancing exclusivity with cost savings.

Where is growth going to come for your business in 2025 and beyond?

At Blue Ant Studios, which is both an international production studio and rights business, the growth will continue to be driven by our distribution business. We remain committed to expanding our catalog by investing in high-quality, premium content through co-productions, original productions, third-party acquisitions and content investment. Our focus will be on bringing this content to market across our current genres, as well as exploring new genres in the future. This includes investing in fully commissioning our own “distribution-led” series to fast track production and provide new content for the global market.

Davey & Jonesies Locker

Davey & Jonesies Locker

It’s important to note that Blue Ant’s competitive advantage lies in the close collaboration between our studio and our global channels business. This unique position allows us to co-finance content while maintaining premium windows and exclusivity in certain markets. We pride ourselves on being a flexible partner that can move quickly, co-finance projects and seize opportunities. This approach has proven successful, as demonstrated by our partnerships with organizations like A+E, Peacock and others. We are not only a provider of exceptional creative content but also a strong creative financing partner.

How important are global streamers to scripted coproductions and how do you expect their changing positions regarding rights will affect your pipeline?

At Blue Ant Studios, we’ve delivered successful scripted co-commissions like Davey & Jonesie’s Locker for Prime Video and Hulu. With experience in partnering with global streamers, we’re focused on growing this area. As scripted content costs rise, streamers are prioritizing territorial rights over global ones. Our strategy is to connect the right partners, and we see growing opportunities for co-financing content across diverse territories.