Dreamspark and Michou take Terminal format global

3 min read

Dreamspark and Michou take Terminal format global

What’s happening

Paris-based unscripted producer Dreamspark has agreed a format partnership with MichouCorp, the company behind French creator Michou, to take the YouTube series Terminal into international adaptation.

Season one, launched September 2025, turned 16 creators into eight pairs and locked them inside a sealed airport-turned-arena for 48 hours. No food, no way out. Each pair was hunted, had to find resources, eliminate rivals and survive to the final countdown.

The show streamed on YouTube and also premiered in cinemas across Europe and North Africa. Michou said season one was “a personal bet” that involved more than a year of work, a seven-figure investment and 500 sold-out cinemas.

Season two, which Dreamspark will coproduce with MichouCorp, moves from an airport to a purpose-built port area. Shooting begins next month. Dreamspark takes creative production on season two and international distribution of the format rights.

Two versions are being offered for adaptation:

  • A creator version for digital-first talent.
  • A celebrity version designed for linear TV.
  • The French set can host international versions, with each territory financing episodes rather than the infrastructure.

Terminal joins Dreamspark’s Mipcom slate alongside Werewolves (Canal+), The Power (W9, Joyn, soon on Disney+) and That’s My Chair! (France 2).

Why it matters

This is a creator-economy deal packaged like a traditional format sale, which is a different value signal for the market. Dreamspark is not simply licensing a personality. It is selling a game engine that can be produced in local markets with local talent.

Moe Bennani, CEO and co-founder of Dreamspark, put it plainly: “Season one proved that a creator show could fill cinemas.” He said the company’s role is to make that success repeatable in France and internationally, and that Terminal is a game engine: “take the name off the poster and it still runs.”

For media planners and entertainment marketers, that distinction matters. A show tied to one star travels only as far as that star’s audience. A repeatable mechanism travels as a production model, more like Big Brother or Survivor than a vlog spin-off.

Michou framed season two as building a brand beyond his channel: he becomes game master, the map changes and the scale increases. That moves Terminal from creator vehicle to multi-format property.

What to watch

The international test is whether broadcasters commission a celebrity version where the creator is not the central draw. The French set arrangement lowers the entry cost: territories pay for episodes, not physical infrastructure, which is a cleaner pitch for smaller markets.

For producers, the practical takeaway is to separate the personality from the mechanics when pitching creator IP. Packaging two versions—creator and celebrity—makes the format easier to evaluate against existing unscripted budgets.

The next proof point is Mipcom. The slate gives Dreamspark a chance to demonstrate demand, but conversion into announced commissions will be the real signal for how far creator-originated formats can travel.

Source: C21media


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