France’s Mediawan has acquired Germany’s Leonine Studios.
The deal, monetary phrases of which weren’t revealed, has been effervescent since November final 12 months. Name My Agent maker Mediawan has owned a 25% stake within the enterprise since 2020.
The all-stock deal will see the 2 corporations transfer even nearer collectively and types a serious European indie studio with 85 labels working throughout 13 nations and revenues of greater than €1B ($1.1B).
Leonine was based in 2019 by Fred Kogel with monetary assist from KKR — a Mediawan backer — and Atwater Capital via buying and merging TMG, Universum Movie, i&u TV and Wiedemann & Berg Movie, after which W&B Tv, website positioning Leisure, Hyperbole, BeetzBros Movie Manufacturing and Toon2Tango.
Productions from inside the group embrace The Lives of Others, Faculty of Magical Animals, Darkish, The Gryphon, Crooks, Juan Carlos – Downfall of The King, and The Cleaners. It additionally has sure rights to blockbuster titles such because the John Wick franchise, Starvation Video games – The Ballad Of Songbirds and Snakes, Knives Out, Every little thing, In all places All At As soon as and The Zone of Curiosity.
Kogel will lead operations in German-speaking areas and alongside present administration and joins Mediawan’s government committee.
The deal is topic to antitrust clearance from authorities in Germany and Austria, and sure different regulatory approvals.
Pierre-Antoine Capton, Xavier Niel and Matthieu Pigasse shaped Mediawan in 2015.