These moves are relatively imminent.

I dont think we were seen as necessarily being active in terms of investing in smaller entities.

We saw eye to eye and came to a deal very quickly, said Holland.

Rogue Agent

Gemma Arterton and James Norton in Netflix’s ‘Rogue Agent,’ produced by Rabbit TrackNick Brigg

You want to retain a significant portion of the IP, the backend and the whole production process.

He said the various examples show that the super-indie is open to all manner of deals.

But he said UKdramais in a good place and prices will naturally start coming down.

Drama conference Seriencamp in Cologne, Germany

Patrick Holland. Image: Stephen McCarthy/Sportsfile for Web Summit via Getty Images

And we have [distributor] Banijay Rights with a great track record of investing in scripted.

Unscripted challenges

Unscripted, said Holland, is having a tougher time.

Hopefully this is just a blip.

For Holland, the unscripted market is moving in two opposing directions.

In a challenging market, you have to think about your USP.

you’ve got the option to therefore see the economic reasons behind consolidation.

The market is watching, eagerly, for where the Growth Fund heads next.