The creative team behind Walter Presents has launched Eagle Eye Drama, a scripted venture that will re-make hit global series as English-language productions.

Walter Iuzzolino (pictured), Jo McGrath and Jason Thorp will re-version successful foreign-language shows that they discovered and nurtured on Walter Presents channels worldwide.

Eagle Eye Drama has the backing of Channel 4, who will be investing through its Indie Growth Fund and taking a minority stake in the new company.

Eagle Eye has several dramas on their development slate and have won two commissions from two broadcasters, projects which they will announce early next year. Alongside the new venture the trio will continue to work across Walter Presents, as the service rolls out into new territories.

Iuzzolino said: “Walter Presents is uniquely placed to spot drama series with the potential to become stand-out brands on the international stage and to identify the European creatives with the talent to produce beautifully- crafted stories.

“The next logical step for us is to bring together the best drama ideas from around the world and the most inspiring production talent who can re-imagine them for a mainstream English-speaking audience.”

Alex Mahon, CEO of Channel 4: “Walter”s passion, expertise and understanding of tastes in global TV drama is unrivalled, demonstrated by the huge success of Walter Presents.

“We”re very excited to extend our successful partnership with Walter, Jo and Jason as they expand into production to bring foreign TV gems even closer to British audiences through this innovative venture.”

Walter Presents launched in January 2016 in the UK as a video-on-demand service.

Image: C4.