Michael Colton and John Aboud, creators of ABC comedy Domestical economy, double with Lionsgate Television.
The independent studio has reached a development deal, better known as the Global Deal, with the pair after they landed a third season of the sitcom Topher Grace which they are also producing.
Domestical economy, which is inspired by the lived experiences of Colton, tells the story of three siblings in very different situations: one in the ultra-rich, another in the middle class and the other in the process of make it out. It also stars Caitlin McGee, Jimmy Tatro, Karla Souza, Sasheer Zamata, Shiloh Bearman, Jordyn Curet, Chloe Jo Rountree, and JeCobi Swain.
ABC renewed the show for a third season in May as Lionsgate went three-for-three with broadcast networks, including reruns for Welcome to Flatch on Fox and Ghosts on CBS.
It’s the latest deal for Lionsgate TV, which has talent partnerships with the likes of Paul Feig, Katori Hall, Bob Greenblatt, Eric and Kim Tannenbaum and Carl Beverly and Sarah Timmerman.
In addition to Domestical economy, Colton and Aboud wrote and produced the Netflix feature A futile and stupid gesture, starring Will Forte, which made its Sundance Film Festival debut.
They also produced two seasons of the HBO Max animated series. close Sufficientwrote the DreamWorks Animation feature Madagascan Penguins, and worked on the Adult Swim television series Children’s hospital.
The couple joked that the deal would give them access to a long-running horror franchise Seen.
“Lionsgate has been an incredible partner for us on Domestical economysaid Colton and Aboud. “We are delighted to extend and expand our relationship with them, and we are confident that our new agreement ensures that we can lead the next Seen film.”
“Michael and John are a great addition to the deep bench of talent relationships that are the foundation of our success,” added Scott Herbst, executive vice president of television and head of scripted development at Lionsgate. “They have the pulse of TV comedy today. I can’t remember exactly what their deal says, but if anyone can shoot the next episode of Seen in a quirky, heartwarming family comedy, it’s Michael and John.
Colton and Aboud are replaced by CAA and attorney Jared Levine.