With the appointment of Sarah Horn as chief operating officer, former Nine Entertainment chief executive Hugh Marks and his partner Carl Fennessy have announced the launch of their Dreamchaser TV studio.

Fennessy was the founder of Endemol Shine, from which Horn has been recruited.

Dreamchaser claims to be Australia’s first full-service production and distribution studio, based in Sydney, Australia. Marks and Fennessy will be joint chief executives, their first permanent roles since leaving Nine and Endemol Shine.

A statement says Dreamchaser is being backed by global content studio Endeavor Content, and “will produce creative partnerships across scripted, factual and entertainment genres, focussed on driving global projects out of the Australian market”.

In a joint statement the duo refer to an “explosion of global demand” for premium content from new and traditional television platforms that shows no sign of slowing. “At the same time Australian creatives are at the forefront of many of the biggest shows in the world. There has never been a greater opportunity for global content to be developed and sold from this market,” they say.

Dreamchaser believes its strategic partnership with Endeavor Content makes it “a unique home for our creative partners to realise all of their ambitions” and for content commissioners to have confidence that this will be the Australian studio where those ambitions can be delivered.

Horn was previously managing director of production and operations and joins from Endemol Shine.

Pictured: Marks and Fennessy