Gaumont Sells Cinema Chain Stake to Pathé for $400 Million

Gaumont Sells Cinema Chain Stake to Pathe for 400 Million

PARIS – Signaling its intent to concentrate on production, French mini-major Gaumont will sell its 34% stake in Les Cinémas Gaumont Pathé, one of Europe’s biggest cinema theater chains, to fellow shareholder Pathé in a deal worth €380 million ($400 million). Gaumont’s exit from Les Cinemas Gaumont Pathé ends a 16-year partnership with Pathé on the … Read more

Milan fashion week sells dreams to Generation Z

Milan fashion week sells dreams to Generation Z

It’s a slightly strange men’s fashion week held in Milan from January 14th to 18th. After a semblance of a return to normal during the October 2021 women’s shows, the Omicron variant has cast a chill. A majority of presentations took place by video, parades were canceled at the last minute, like those of Giorgio … Read more

Film distribution company Gravitas Ventures sells majority stake to Red Arrow Entertainment Group

Film distribution company Gravitas Ventures sells majority stake to Red

The Red Arrow Entertainment Group conglomerate has acquired a majority stake in Gravitas Ventures, a global film distribution company co-headquartered in Cleveland and Los Angeles. Specific financial terms of the transaction were not disclosed. In a news release, the companies said that as a result of the deal, they will make “significant investments into global … Read more

News round-up: eOne to adapt Trivial Pursuit gameshow; Pippa Harris named Bafta TV VP; Red Arrow Studios sells Gravitas Ventures

News round up eOne to adapt Trivial Pursuit gameshow Pippa Harris

Take Burton eOne to adapt Trivial Pursuit gameshow Hasbro-owned Entertainment One (eOne) has partnered with LeVar Burton Entertainment (LBE) to adapt Hasbro’s trivia game Trivial Pursuit into a gameshow format. Actor, author and TV host Burton (Star Trek: The Next Generation) will present the show as well as executive produce, alongside Tara Long and Geno … Read more

Extra: Magnify sells “My Unique B&B”; ZDF buys “Dis/Informed” documentary

Extra Magnify sells My Unique BB ZDF buys DisInformed documentary

Magnify Media sells My Unique B&B Distributor Magnify Media, part of Plimsoll Productions, has sold the series My Unique B&B (pictured) to multiple territories. Magnify sold the series to networks and channels around the world including TVNZ in New Zealand, Grupa Canal+ in Poland, DPG Media in Belgium, RTL Living and Discovery in Germany, Foxtel … Read more

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