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The Hollywood Reporter: Sony Pictures Television Takes Stake in Simon Pegg’s, Nick Frost’s Production Banner

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Stolen Picture, launched by Pegg and Frost earlier this year, has also poached Bad Wolf exec Miles Ketley as CEO.

Stolen Picture, the U.K.-based production banner launched by Simon Pegg and his long-term collaborator Nick Frost in May this year, has found itself a major backer.

Sony Corp.’s Sony Pictures Television said Wednesday that it has taken a minority stake in the company, while also signing an exclusive TV distribution deal. Financial details weren’t disclosed.

Alongside signing with Sony, Stolen Picture has named Miles Ketley as CEO. Ketley, a former Fox Searchlight executive, was previously COO at indie production company Bad Wolf.

“Nick and Simon are good friends of the Sony group already, and this deal will help us take things to the next level,” said SPT’s chief creative officer for international production, Wayne Garvie. “I’m sure that their boundless zest and creativity, coupled with Miles’ insight and energy, will help build Stolen Picture into an exceptional production company.”

Said Pegg and Frost, who first worked together on the cult U.K. TV series Spaced in 1999: “We’re inordinately excited to be partnering with Sony and hope to create a diverse range of television and film in line with our own sensibilities. More than that we hope to receive free Walkmans and a lifetime’s supply of cassettes.”

Stolen Picture is currently in postproduction on its first project, the comedy horror Slaughterhouse Rulez, starring Finn Cole, Asa Butterfield, Hermione Corfield and Michael Sheen, alongside Pegg and Frost. Sony Pictures Releasing International has worldwide rights to distribute.

READ MORE AT THEHOLLYWOODREPORTER.COM >>

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Deadline: Simon Pegg & Nick Frost Launch Stolen Picture

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Simon Pegg & Nick Frost Launch Stolen Picture Banner With Comedy-Horror ‘Slaughterhouse Rulez’

Simon Pegg and Nick Frost, who co-starred in hit British comedies Shaun of the Dead, Hot Fuzz and Paul, have formed the film and TV production banner Stolen Picture. The duo will kick open its doors with Slaughterhouse Rulez, marking their return to the comedy-horror genre.

Slaughterhouse Rulez is set in an elite boarding school – Welcome to Slaughterhouse – where boys and girls are groomed for power and greatness and they’re about to meet their match. The story’s hero, Don Wallace, is a wide-eyed new boy from a modest background forced to navigate a baffling new world of arcane rules and rituals, presided by sadistic sixth formers. Matters of status are aggressively enforced and conversation with school goddess Clemsie, are strictly forbidden.

But this ancient and ordered world is about to be shaken to its foundations – literally – when a controversial frack site on prize school woodland causes seismic tremors, a mysterious sinkhole and an unspeakable horror is unleashed. Soon a new pecking order will be established as pupils, teachers and the school matron become locked in a bloody battle for survival.

Based in the UK, Stolen Picture will look for film and television projects geared towards a global audience. The company will aim to produce a variety of scripted entertainment in line with Pegg and Frost’s unique brand.

READ MORE AT DEADLINE.COM >>