Liz Murdoch ‘investing in Featherstone firm’

Shine Group founder Liz Murdoch is set to reunite with Jane Featherstone by investing in new production company Sister Pictures.

Liz MurdochAccording to the Financial Times, Murdoch has held talks with Featherstone over a small, private investment in Sister, which Featherstone launched yesterday.

Featherstone produced significant series such as Broadchurch and Spooks while Murdoch was in charge of Shine, and rose to the position of co-chairman Shine UK along with helming drama firm Kudos.

Murdoch left Shine, which she founded in 2001 and sold to father Ruper Murdoch’s News Corp (now 21st Century Fox) in 2011 for £415 million (US$593.8 million), after the production giant merger with Big Brother owner Endemol at end-2014. She reportedly made £150 million from the merger.

According to the Guardian, Murdoch’s media interests include media, entertainment and technology investor Freelands Ventures and mobile video company Vertical Networks. She could not be contacted before pres time today.

Featherstone is positioning Sister has a high-end drama producer for the UK and international markets. It will be a coproducer on the third season of ITV’s Broadchurch.