BBC Studios has acquired Werner Film Productions, the company behind Australian drama hit The Newsreader.

BBC Studios Productions Australia paid an undisclosed amount for Warner, marking the latest in several high-profile deals for the BBC’s commercial division. Last month, it paid £255M for ITV’s share in their streamer, BritBox International.

The Werner deal is billed as “a significant investment” in Australia’s production ecosystem.

Werner is best known making ABC drama series The Newsreader, which stars Anna Torv and Sam Reid as an embattled anchorwoman and an ambitious reporter who confront studio politics and their own issues during the 1980s, in association with eOne. The BBC has bought both seasons of the show and played them on BBC Two and BBC iPlayer.

The Sydney-based production company will continue to be led by company director Joanna Werner and Managing Director Stuart Menzies following the BBC Studios deal.

“I’m excited to welcome Werner Film Productions into the family,” Kylie Washington, General Manager and Creative Director of BBC Studios Productions Australia. “Australia has an incredibly vibrant creative community and is producing shows that resonate around the world so it’s a great time to invest further to support our local production industry.

“Jo and Stuart are amongst the best in the business and have a great track record in producing smart, entertaining and engaging dramas that speak to international audiences while remaining quintessentially Aussie. Their commitment to growing a sustainable industry and nurturing new talent aligns exactly with our values making them a fantastic addition to BBC Studios’ stable of independent labels.” 

Jo Werner added: “We are absolutely thrilled to join the global powerhouse BBC Studios and the brilliant team at BBC Studios Productions Australia.  Working with BBC Studios will help us continue to tell Australian stories on a larger canvas for audiences here and around the world.”