Have a great idea for a television show but no idea where to start?
The TV Format Fund is looking for the next big hit.
Hollywood may be the entertainment capital of the world, but the next big TV show just might come from somewhere else. The TV Format Fund is putting up millions of dollars to help create the next hit show for networks and streaming services such as Amazon and Netflix.
In its first 18 months, the Israel-based company has invested in 13 television projects, many of them in the reality genre. And they'll take ideas from anywhere, including you. Just head on over to its website and click on the "Submit Your Idea" button.
The Fund already has some programs in the works. “The Gran Plan," about three grandmas who help young folks with their love lives, has already been acquired by Ellen DeGeneres' production company. In addition, there are game shows like "Tug," which has a tug-of-war element. There are dating shows such as “Guys in Disguise” where women choose between costumed suitors, and “Highrise Love,” which looks at the world of office building matchmaking. In "Tied to Mom," sons are clasped together with their mothers for three whole days.
“'I’m excited about each and every show,” TV Format Fund founder Alon Dolev told From The Grapevine. “They're all in different stages of the process: Some have been sold for broadcast, some have been sold as options and some are being broadcast around the globe.”
Most of the shows that Dolev is working with have come from his home country of Israel. He thinks that the country is particularly well-suited to such creative projects. “At the core, we are an entrepreneurial society ... This is expressed in a variety of areas such as hi-tech, biotech and content for the television market,” he says.
The fund has just made a recent investment outside Israel, seeding a new game show being developed by the co-creators of "Who Wants to Be a Millionaire" and "The Weakest Link" called "The Shortest Straw.”
A 25-year industry veteran who segued from producing radio programs to TV shows, Dolev says the TV Format Fund seeks concepts of all kinds and genres. "We are open to all, and the only and most important criterion is a high potential for international export.”
A self-described dreamer and risk taker, with “patience and a burning fire,” Dolev says he’s well aware of the risks. “Statistically, average success is 1 to 10 formats and great success is 1 to 40. But one success can cover all the failures along the way and far beyond that. You need to fail at times on the way to big success.”
His game plan is to keep coming up with new ideas over the next few years. “In order to succeed in the television market, you need patience.”
MORE FROM THE GRAPEVINE:
Related Topics: TV