EXCLUSIVE: Peter Chernin’s North Road Company has completed its first major international acquisition, Karga Seven Pictures, one of Turkey’s leading film and TV producers.
Istanbul and LA-based Karga Seven is best known for English-language period piece Rise of Empires: Ottoman and Turkish-language time travel drama Midnight at the Pera Palace, both of which were made for Netflix and reached number one in Turkey and charted on the streamer’s Global Top 10.
The company also produces hit Turkish dramas such as Hekimoglu, adapted from the U.S. series House. Financials were not disclosed.
Karga Seven received majority investment from Red Arrow back in 2015. North Road acquired Red Arrow’s U.S. assets last year in a deal pegged around $200M.
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