National Geographic Greenlights Irreverent Six-Part Limited Series Set in ‘90s Tech Bubble, Valley of the Boom from STXtv

New Scripted Drama/Documentary Hybrid Series Hails from Showrunner
and Director Matthew Carnahan and Executive Producer Arianna Huffington

WASHINGTON & LOS ANGELES–(BUSINESS WIRE)–Hot on the heels of National Geographic’s 10 Emmy Award nominations for Genius and
the premiere of the critically acclaimed drama series The Long
Road Home
, the network today announced it has greenlit its next
scripted project, Valley of the Boom from STXtv. The
new six-part limited series will take an adrenaline-fueled ride through
the culture of speculation, innovation and debauchery that led to the
rapid inflation and burst of the 1990s tech bubble. Supporting the
scripted drama will be select doc elements (similar to the network’s
critically acclaimed hybrid series Mars) to tell the true inside
story of the dramatic early days of Silicon Valley.


Valley of the Boom will be produced by STX Entertainment’s TV
studio, STXtv, for National Geographic along with creator, showrunner,
director and executive producer Matthew Carnahan (Showtime’s House
of Lies
) at the helm and executive producer Arianna Huffington
(founder of The Huffington Post, founder and CEO of Thrive Global, and
the author of fifteen books, including Thrive and The
Sleep Revolution
). The series will premiere globally on National
Geographic in 171 countries and 45 languages. STX will distribute the
series in China.

National Geographic pioneered the hybrid scripted-docuseries genre with Mars,
which is currently in production on its second season. With Valley
of the Boom,
 we are continuing on the same genre-busting path,” said
Carolyn Bernstein, executive vice president and head of global scripted
programming and development at National Geographic. “The provocative
world of Silicon Valley has long dominated headlines and captured the
public’s imagination. We cannot wait to tell this timely, wildly
unpredictable and captivating story of the early days of the dotcom boom
and bust with showrunner Matthew Carnahan and his signature irreverent
blend of drama, comedy and pathos.”

Valley of the Boom is the perfect example of the creatively
ambitious, globally-minded content that STXtv is producing for audiences
across platforms,” said Jada Miranda, EVP and Head of Scripted
Television at STXtv. “Matthew has been a dream collaborator and the
perfect creator for this project – blending his past in documentary
filmmaking with expert TV series show running. We’re thrilled to bring
his innovative vision to National Geographic and give audiences a peek
behind the curtain of one of the most fascinating periods in recent
history.”

Added Carnahan, “We wanted to make something as disruptive and exciting
as the people and the tech that came out of The Valley during this
period, so this is a wild, hybridized, rule-breaking look at a truly
remarkable time and place. STXtv and NatGeo have allowed us tremendous
creative freedom, and I’m excited about making something truly new and
different.”

Silicon Valley and the technology that came out of it dominate our
world in so many ways, both physically and culturally,” said Arianna
Huffington. “But we can’t understand the present without understanding
how we got here. So I’m thrilled to be partnering with a master
storyteller like Matthew Carnahan, a global studio of
STXtv’s caliber and a brand that has rightly earned such deep trust and
loyalty as National Geographic.”

Led by Silicon Valley, the 1990s tech boom spawned some of the world’s
most influential people and recognizable brands. Valley of the
Boom
 details their meteoric rise and cataclysmic fall and offers
audiences an unforgettable perspective on the men and women who forever
changed the way we access information and connect with each other. While
most of the show is scripted, the series will be using select doc
elements to highlight this story that truly lives up to the adage that
truth is stranger than fiction.

Matthew Carnahan is a critically acclaimed novelist, playwright,
director and writer for television and features. His most recent series,
HOUSE OF LIES starred Don Cheadle and Kristen Bell. The award-winning
series ran for five seasons on Showtime and won Cheadle a Golden Globe
for Best Actor. He is repped by ICM & Lighthouse Management & Media.

Carnahan and Huffington are joined by fellow executive producers Jason
Goldberg (E!’s The Platinum Life, MTV’s Punk’d),
Brant Pinvidic (Spike TV’s Bar Rescue), David Walpert (House
of Lies
, New Girl) and co-executive producer David Newsom,
who will lead the non-scripted unit of the production. Joel Ehninger of
Matthew Carnahan Circus Products boards as producer.

For more information, visit www.natgeotvpressroom.com or
follow us on Twitter using @NGC_PR.

About National Geographic Partners LLC:

National Geographic Partners LLC (NGP), a joint venture between National
Geographic and 21st Century Fox, is committed to bringing the world
premium science, adventure and exploration content across an unrivaled
portfolio of media assets. NGP combines the global National Geographic
television channels (National Geographic Channel, Nat Geo WILD, Nat Geo
MUNDO, Nat Geo PEOPLE) with National Geographic’s media and
consumer-oriented assets, including National Geographic magazines;
National Geographic studios; related digital and social media platforms;
books; maps; children’s media; and ancillary activities that include
travel, global experiences and events, archival sales, licensing and
e-commerce businesses. Furthering knowledge and understanding of our
world has been the core purpose of National Geographic for 128 years,
and now we are committed to going deeper, pushing boundaries, going
further for our consumers… and reaching over 730 million people around
the world in 171 countries and 45 languages every month as we do it. NGP
returns 27% of our proceeds to the non-profit National Geographic
Society to fund work in the areas of science, exploration, conservation
and education. For more information visit natgeotv.com or nationalgeographic.com,
or find us on FacebookTwitterInstagramGoogle+YouTubeLinkedIn and Pinterest.

About STXtv:

STXtv is a division of STX Entertainment, a global next-generation media
company whose mission is to unlock the value of the direct connection
stars have with their fans through the development, financing,
production, marketing and distribution of film, television, VR, digital
video, music and live entertainment content. It is the industry leader
in transforming beyond traditional platform-driven content to creating
talent-driven enterprises.

The company is led by accomplished businessman Robert Simonds and was
co-founded by Bill McGlashan, managing partner of the leading global
private investment firm TPG. Other investors include Hony Capital, a
leading private equity firm in China; PCCW, Southeast Asia’s largest
Internet and cable services provider; Tencent Holdings, China’s leading
provider of online products and services; Dominic Ng, Chairman of East
West Bank; DNS Capital (representing the business interests of Gigi
Pritzker and her immediate family); and Beau Wrigley, former Chairman
and CEO of the Wm. Wrigley Jr. Company, among others. With these
strategic relationships, the company is uniquely positioned to maximize
the impact of content worldwide, with direct passage into the China
market. For more information, please visit https://www.stxentertainment.com/.

Contacts

National Geographic
Chris Albert, 202-912-6526
Chris.albert@natgeo.com
or
National
Geographic
Jenn DeGuzman, 212-656-0674
Jennifer.deguzman@natgeo.com
or
STX
Entertainment
Patricia Röckenwagner, 310-742-2317
prockenwagner@stxentertainment.com