Two influential players in the entertainment industry are uniting to transform the microdrama and vertical video space.
Los Angeles, CA – October 7, 2025 – Fox Entertainment is proud to announce that it is taking an equity stake in Holywater, a leading provider in the vertical video and micro-drama space. It harnesses the power of AI and the limitless possibilities of human imagination to create engaging micro-dramas and immersive e-book experiences. “Innovation in digital storytelling is shaping the future of entertainment, and investing in vertical video positions Fox Entertainment for sustained, long-term growth as we build a modern studio for the future,” said Rob Wade, CEO of Fox Entertainment.
This partnership is all about discovering fresh and innovative ways to tell stories. We aim to provide opportunities for people who usually wouldn’t have the chance to finally share their story. By offering the necessary tools and flexibility, we enable individuals to bring their talents and ideas to life quickly. Plus, we offer platforms that connect them with a global audience, ensuring their stories resonate far and wide.
“Vertical streaming is one of the fastest-growing areas in entertainment, and our goal at Holywater is to make vertical series mainstream by raising the bar on quality and widening the genre slate,” said Holywater co-founders and co-CEOs Bogdan Nesvit and Anatolii Kasianov. “We’ve been focusing on storytelling depth to prove that verticals can carry premium drama, thriller, romance, and more – not just a narrow set of tropes.
Our partnership with FOX Entertainment validates that vision and gives us the scale and creative firepower to accelerate it. FOX has already been a collaborative, innovative partner, and together we’re empowering major talent and building a vibrant library of gripping vertical series for audiences worldwide.”
The partnership leverages FOX Entertainment Studios’ extensive content portfolio. This includes Studio Ramsay Global, featuring the beloved chef Gordon Ramsay; the award-winning animation studio Bento Box Entertainment; and both scripted and unscripted studios. The talent roster includes Denis Leary, Jon Hamm, Hannah Waddingham, Josh Charles, Annie Potts, Minnie Driver, Ken Jeong, and more. Additionally, the partnership benefits from a rich library of over 200 films on the platform. The Raine Group acted as an advisor to Holywater in connection with this transaction.
ABOUT HOLYWATER
HOLYWATER is a trailblazing tech company reshaping the world of entertainment. Leveraging cutting-edge technology and a future-facing business model, it empowers filmmakers, authors, and studios to bring their stories to life and distribute them to global audiences. Founded in Ukraine in 2020 by tech visionaries Bogdan Nesvit and Anatolii Kasianov, HOLYWATER’s diversified content ecosystem reaches over 60 million users. Its four marquee apps are: My Drama, a global leader in the booming vertical streaming space; FreeBits, a companion vertical streaming app differentiated by its ad-supported model; My Passion, one of the world’s most popular e-book platforms; and My Muse, a leading platform for vertical series produced with the support of generative AI. Each platform leverages serialized, daily content releases to maximize engagement, with installments accessible through multiple convenient monetization options. To support its in-house content production, HOLYWATER works with leading creators and studios worldwide and leverages partnerships with tech leaders such as Meta, Google, and TikTok to maximize content reach.


