Elisabeth Murdoch, daughter of media mogul Rupert Murdoch, is the lead investor in Sister, an entertainment production company that intends to capitalize on the increasing demand for content by streaming services. She will also serve as the company’s executive chairman.
Murdoch’s partners in the venture are former 20th Century Fox Film chair Stacey Snider and television producer Jane Featherstone. Featherstone’s Sister Pictures, which was behind the recent hit HBO series “Chernobyl,” is going to form the core of the new initiative. Featherstone previously worked with Murdoch at Shine UK. Murdoch founded Shine in 2001 and sold it to her father's News Corporation in 2011.
Snider left Fox in the wake of its deal with Disney last year. Before coming to Fox in 2014, she served as chairman/CEO of DreamWorks and chairman of Universal Pictures. She was reportedly considered as a candidate to replace Kevin Tsujihara when he resigned as Warner Bros. chief executive in March.
Sister, which defines its purpose as developing movies and TV shows "with a focus on supporting new and visionary talent,” is based in London with an office in Los Angeles.