MISCELLANEOUS

Wed 15 Mar 2023 10:05 pm - Jerusalem Time

MediaOne acquires Brad Pitt's production company

Paris - (AFP) - Mediawan has acquired the Hollywood production company Plan B Entertainment, co-founded and headed by Brad Pitt , the French group told AFP on Friday evening. .


The group explained in a statement that “this majority stake acquisition (in +PlanB+) was made in part by shares in +MediaOne+, which made the three co-chairs of +PlanB+, Brad Pitt, Dede Gardner and Jeremy Kleiner, shareholders in + MediaOne + as well. ".


And "MediaOne" highlighted that this "unprecedented partnership" between two production companies in Europe and the United States allows "the spread of + MediaOne + in the American market."


The group founded the production company, "Blue Morning Pictures" in September with director Florian Zeller, and will combine its activities in the United States in a new entity dedicated to this.


The statement quoted MediaOne CEO Pierre-Antoine Capton as saying that it is "an exceptional opportunity to develop + MediaOne + together with + Plan B +, the best independent production company in the United States."


Plan B, which was founded in the early 2000s in Beverly Hills (California), produced a number of successful films, including “The Departed” by Martin Scorsese and “The Tree of Life”. ) by Terrence Malick, and "The Big Short" by Adam McKay, and eight of her works have been nominated for Best Picture Oscars in the last ten years.


And Brad Pitt noted in an interview with the newspaper "Le Parisien" that "the cinema is globalizing, and there are talents appearing all over the world." "For our future projects, we have to look outside the United States," he added.


The star confirmed that his company has "the same concept" with "Mediawan" for how to "produce films and series."


Founded in 2015 by Pierre Antoine Capton, Xavier Thiel and Mathieu Bigas, the Mediawan Group has a prominent presence in the production, distribution and presentation of films, series, documentaries and news programs. The group now includes more than 60 production companies, which it has gradually acquired in France and Europe.


The group behind the successes of the movie "Back Nord" and the series "Ten Percent" now employs 1,500 people, with a turnover of around one billion euros.


More than 1,500 people work for the group, whose sales value is estimated at about one billion euros. Among the most prominent productions behind its success are the movie “Bac Nord” and the series “Dix pour cent”.

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MediaOne acquires Brad Pitt's production company