Foundation Media Partners Launches Foundation Books, Sets Partnership with Macmillan Publishers (EXCLUSIVE)

variety.com:

Katcy Stephan Franchise-focused production & brand management company Foundation Media Partners has formed Foundation Books and launched a groundbreaking new partnership with publishing company Macmillan Publishers.

Foundation has accelerated its expansion into the book space by forming a multi-year publishing deal with Macmillan. Spearheaded by Macmillan Children’s Publishing Group President and Publisher Jen Besser and Foundation Media Partners Founder and CEO Patrick Hughes, the venture will focus on titles that have strong cinematic roots.

The companies will then partner on the TV and film ventures associated with the new titles. According to Foundation Books and Macmillan, they are introducing a creator/writer friendly model designed to give authors more power throughout the film and television development process.

This could mean authors writing first drafts of screenplays, staying involved as meaningful producers or a combination of both.