Elisabeth Murdoch, Stacey Snider, Jane Featherstone Team Up on Sister
, a global production and development company that will focus on making high-quality television shows, movies, and other forms of entertainment.
The partners believe that the proliferation of new streaming services such as Disney Plus and HBO Max is generating greater command for content, particularly elevated shows and movies that are well made and thoughtfully executed. All three women have equity stakes in the company with Murdoch serving as the lead investor. They do not plan to take on any outside financing. When Snider worked at Fox, she played an integral role in signing a distribution deal with Locksmith Animation, the feature animation company that Murdoch helped found. Murdoch said she is using some of the money she earned from her family’s decision to sell much of its media empire to Disney to back Sister as it goes on the search for projects to back.
“We’re not trying to expand to fill a certain number of hours,” said Featherstone. “We are going to take a bespoke approach.”
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