6th February 2023 – Award-winning broadcaster UKTV has today announced it has invested in the UK’s leading biography-writing service, StoryTerrace, using its multi-million pound investment fund, UKTV Ventures.
StoryTerrace carefully matches ordinary people with a professional ghost-writer to turn their life story into a beautiful book. The company has documented thousands of life stories with a network of over 600 professional ghost-writers globally, many of which have been published by some of the best-known media brands in the world. Inspired by founder Rutger Bruining’s wish to have captured his grandfather’s life story, StoryTerrace’s vision is to create a world in which every life story is captured in a meaningful way for generations to come.
UKTV Ventures’ £1 million “airtime-for-equity” investment sees StoryTerrace launch its first TV advertising campaign from February 4th on the broadcaster's seven linear channels - Dave, W, Gold, Alibi, Drama, Yesterday, Eden. StoryTerrace will benefit from access to an audience of over 26 million viewers a month and in return, UKTV will gain an equity stake in the business.