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

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

ZDF Enterprises Acquires Major Stake in ‘Unorthodox’ Producer Real Film – Global Bulletin

ZDF Enterprises Acquires Major Stake in ‘Unorthodox Producer Real Film

ACQUISITION Expanding on their already fruitful non-fiction partnership, ZDF Enterprises and Studio Hamburg Production Group have agreed to a closer working relationship in fiction production starting in January of next year, when ZDF Enterprises will acquire a 49% stake in Real Film, a Studio Hamburg subsidiary. The purchase is currently awaiting approval from German antitrust … Read more

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