Paris-based media group Mediawan has launched a brand new pan-European entity, Mediawan Alliance, and has entered unique negotiations to purchase France’s Lagardere Studios.
The firm has additionally acquired a majority stake in Spain’s Good Mood, and made a suggestion to purchase a minority stake in Leonine, a number one German impartial firm specializing in content material manufacturing, distribution and licensing.
Mediawan Alliance has additionally entered into unique negotiations to purchase Troisieme Oeil, a prime French manufacturing firm owned by Pierre-Antoine Capton, chairman of the Mediawan board.
Mediawan Alliance is being financially backed by the French funding movie MACSF and the U.S. non-public fairness agency KKR, and is headquartered in Paris. The new entity will probably be co-headed by Capton as CEO, and Leonine CEO’s Fred Kogel as deputy CEO.
Leonine was launched in 2019 from the merger of Tele München Group, Universum Film, i&u TV, Wiedemann & Berg Film and W&B Television. The firm’s early monitor file consists of the acclaimed Netflix Original “Dark”,
the award-winning sequence “Pagan Peak” and the German B.O. smash hit “Nightlife.” On the distribution facet, Leonine dealt with the German releases of “John Wick: Chapter 3 – Parabellum” and “Knives Out,” amongst others.
“We created Mediawan four years ago with the intention to create a European audiovisual champion to respond to the demand for premium content, and these new operations are unprecedented steps to continue our growth in new European geographies, new formats and with new partners,” mentioned Capton.
“The combination with key players like Lagardère Studios and Groupe Troisième Oeil and the cooperation on projects with Leonine confirm Mediawan’s strategy,” added Capton.
Lagardere Studios is an expansive French TV producer-distributor comprising 27 corporations, together with the Spanish banner Boomerang, which owns rights to a lot of fashionable U.S. animated TV reveals., and Atlantique Productions which government produced the Damien Chazelle’s Netflix sequence “The Eddy”), and Imagissime, the documentary firm behind the hit Netflix documentary sequence “Who Killed Little Gregory?”
Lagardere Studios has been in the marketplace for a while and struggled to discover a purchaser. Vivendi, the mum or dad firm of Canal Plus Group and Universal Music Group, just lately acquired a 10.6% stake in Lagardere, the mum or dad firm of Lagardère Studios.
Earlier this month, Mediawan launched a screening and distribution platform to fast-track dealmaking and make up for the raft of bodily markets which can be being canceled due to the coronavirus disaster. The firm already owns Italy’s Palomar and France’s ON Entertainment, amongst a flurry of corporations in France.
More to come.