Cannes, France -- Veteran television executive and former FremantleMedia Asia CEO, Patrick Schult, announced the launch of his next business venture, Media-Stable Pte Ltd.. Strategically based in Asia's leading business hub Singapore, Media-Stable utilizes Schult's worldwide contacts and industry expertise to distribute Japanese formats and television programming, as well as develop and distribute original content custom-tailored for the Asian market.
In the company's first move, Media-Stable has formed a capital alliance with leading Japanese entertainment production company, BIG FACE Co. Ltd.. Originally founded as a television production company, BIG FACE has expanded to industries including web development and apparel, and is a Japanese pioneer of cross-media content. Programming includes a variety of primetime series, documentaries, sports, specials and more. Key BIG FACE properties Media-Stable is handling includes the popular Japanese game show NumerOn.
"BIG FACE expand the conventional realm of media, creating synergy between vast arrays of media platforms," commented Schult. "Their television series Numer0n is a model case. While this show is being broadcasted on Fuji Television, the brand is being developed as an international program format with Asia as its beach head, and it extends to a self-developed smart phone app boasting a maximum second position in the App Store free app ranking."
Shingo Ishiyama, head of production and board director for BIG FACE, will extend his role and jointly serve on the Media-Stable board. Ishiyama previously worked with Schult as FremantleMedia Japan’s executive representative and brings a rich career in connecting Japanese formats and content to the global marketplace.
The new partnership will geographically extend the scope of business for BIG FACE in the areas of television production, rights license management, smart phone app development/distribution, web development and event management.
"Since television is not the dominant force as it once was, the world is now calling for diverse and multifaceted business methods. BIG FACE has been the pioneer of such cross-media distribution and is the ideal partner for my next business venture," Schult added.
Patrick Schult has managed a variety of roles across Australia, Asia, Africa and Europe over the last two decades. Most recently as CEO of FremantleMedia Asia, Schult led the development of content for Asian audiences and expanded the distribution of FremantleMedia Worldwide properties in Asia. With 40+ formats broadcast each year, FremantleMedia Asia under Patrick’s management has become the foremost production company in the region and is frequently credited with delivering the top performing shows of the year in numerous countries