Peter Chernin’s The North Road Company Buys Mexico’s Perro Azul (EXCLUSIVE)

variety.com:

Brent Lang Executive Editor The North Road Company, a media venture launched in 2022 by mogul Peter Chernin, has made its first acquisition in Latin America with Perro Azul, a major Mexican production company.

Perro Azul has produced Netflix’s most watched show ever produced in Mexico and Latin America, “Who Killed Sara? (¿Quién mató a Sara?).” In a release announcing the sale, the companies said the acquisition will allow Perro Azul to “scale their storytelling vision,” while allowing it to use “North Road’s strategic resources and expertise to bring even more Latin American stories to global audiences.” As part of the deal, Perro Azul’s founding partners, Alexis Fridman and Juan Uruchurtu, will remain in their leadership roles, alongside the company’s Executive Producers Diego Rabasa and Julián de Tavira.

Fridman and Uruchurtu will report to Jan Frouman, President of North Road International. The acquisition of Perro Azul follows North Road’s purchase of Karga Seven Pictures, one of Turkey’s leading creators and producers of premium scripted film and TV.

Karga Seven Pictures has produced a range of hits, including “Midnight at the Pera Palace (Pera Palas’ta Gece Yarısı),” a time-travel drama that topped Netflix’s most-watched list in Turkey, as well as “Testament: The Story of Moses,” a docudrama series that ranked as Netflix’s most-watched in over 40 countries.