EXCLUSIVE: In another reminder of the challenging climate for UK scripted producers, Watford & Essex has filed for closure after its joint-venture deal with Legendary Entertainment was not renewed.
The drama company was founded alongside Legendary in 2020 by Emma Frost and Matthew Graham, showrunners of Starz series The Spanish Princess, but did not have a greenlit series announced during its five years of trading.
Legendary ended its joint-venture agreement with Watford & Essex last year and the producer has in recent days appointed financial services firm Cork Gully to oversee a liquidation process.
Legendary, the U.S. studio behind series including Dune: Prophecy, declined to comment. Reps for Frost and Graham have been contacted for comment.
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