FremantleMedia Wants A Piece Of What Wilmer Valderrama Is Packing

Is there any better way to start one's day than with the discovery of a press release in one's inbox trumpeting the marriage of the Venezuelan renaissance man behind MTV's Yo Momma to the local outpost of the global TV production conglomerate responsible for popularizing the phrase, "Seacrest, out?" (Answer: Yes. Many.) Still, we feel the need to note the latest baffling developments in Wilmer Valderrama's death-proof career:

FremantleMedia North America (FMNA), producers of some of television's most successful brands including "American Idol," "America's Got Talent" and "The Price Is Right," has inked a first-look deal with Wilmer Valderrama and his WV Enterprises (WVE) to develop and launch future series concepts on a global scale. [...]

"We're very pleased to be working with the talented tour de force better known as Wilmer Valderrama," says [FMNA CEO Cecile] Frot-Coutaz. "He and [partner] Danny [Villa] are very gifted producers with a keen sensibility for entertaining content that appeals to their generation. We look forward to creating great projects together."

Admittedly, we don't share Valderrama's impressive professional background of playing fourth-wheel characters on a longrunning Fox sitcom, so we aren't even going to pretend to know what "future series concepts on a global scale" means. Franchising Yo Momma internationally strikes us as a logical place for FezMantle productions to start, however, as its hopeful, universal message of using hyperbolic statements regarding the obesity of the enemy's mother—not guns—could lay the blueprint for world peace.

For those of you who just can't get enough details about this exciting venture, the entire press release is after the jump.

FOR IMMEDIATE RELEASE May 1, 2007

FREMANTLEMEDIA NORTH AMERICA SIGNS
FIRST-LOOK DEAL WITH WILMER VALDERRAMA

"American Idol" Producer Teams Up With Valderrama's WV Enterprises
For Future Scripted and Unscripted Projects


BURBANK, CA - FremantleMedia North America (FMNA), producers of some of television's most successful brands including "American Idol," "America's Got Talent" and "The Price Is Right," has inked a first-look deal with Wilmer Valderrama and his WV Enterprises (WVE) to develop and launch future series concepts on a global scale, it was announced today by Cecile Frot-Coutaz, CEO of FMNA. Valderrama, who will serve as executive producer and may star in certain projects, will set up offices in FMNA's corporate headquarters in Burbank, California, along with producing partner Danny Villa, who prior to joining WVE served as director of talent and series development at MTV.

"We're very pleased to be working with the talented tour de force better known as Wilmer Valderrama," says Frot-Coutaz. "He and Danny are very gifted producers with a keen sensibility for entertaining content that appeals to their generation. We look forward to creating great projects together."

"I'm thrilled to partner up with such a groundbreaking company as FremantleMedia, and to share ideas for new and original concepts that promise to be influential for not only youth but for all demographics around the world," says Valderrama.

Best known for his role as 'Fez' on the hit series "That 70's Show," Valderrama most recently starred opposite Ethan Hawke and Patricia Arquette in Fox Searchlight's "Fast Food Nation" directed by Richard Linklater. He is also the creator, producer and host of the hit MTV show, "Yo Momma," now in its third season. Additionally, he is currently starring as the voice of Latino hero 'Manny Garcia' in "Handy Manny," an animated series on The Disney Channel.

Valderrama is attached to star in the feature film version of "CHiPs" for Warner Bros., in which he'll reprise the role of 'Ponch' from the classic television series. His production company, WV Enterprises, is currently developing "PartyBuddys" with Universal Pictures, based on the life stories of James King and Jason Roefaro who founded the New York company of the same name which offers its clients a type of fast-pass to a celebrity lifestyle for a night. Other film credits include the 2006 Warner Bros. holiday feature "Unaccompanied Minors," the Sundance 2006 hit "The Darwin Awards," and the indie film "El Muerto".
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FremantleMedia North America (FMNA) is a division of global media giant FremantleMedia, one of the largest international creators and producers of program brands in the world. Based in Burbank, California, FMNA currently produces some of the most innovative and highest-rated entertainment on television, including the multiple Emmy-nominated musical/reality phenomenon "American Idol" for Fox, "America's Got Talent" and "Thank God You're Here" for NBC, "American Inventor" for ABC, "The Janice Dickinson Modeling Agency" for Oxygen, "Property Ladder" for TLC, "Monarch Cove" for Lifetime, the daily syndicated "Family Feud", and the longest-running game show in television history, "The Price Is Right" for CBS.

FremantleMedia is the production arm of the RTL Group, Europe's largest television and radio broadcast company. With interests in 34 television channels and 30 radio stations in 11 countries, RTL Group is a division of leading integrated media and entertainment company, Bertelsmann AG.