French media conglomerate Mediawan has added a brand new feather to its firm cap. Contemporary off its acquisition of Plan B Leisure, the corporate, in accordance with Selection, has bought the Emmy Award-winning, Amsterdam-based, developer and producer Submarine. Whereas monetary phrases haven’t but been revealed, the deal is for a majority stake within the firm.
Submarine holds the biggest animation studio within the Netherlands, with extra workplaces in London and Los Angeles. The Dutch firm produced Richard Linklater’s Apollo 10 1⁄2: A Area Age Childhood for Netflix, the Prime Video collection Undone directed by Hisko Hulsing (Sandman quick A Dream of a Thousand Cats, Junkyard), and the upcoming drama collection The Kollective by Leonardo Fasoli (ZeroZeroZero, Gomorrah) and Maddalena Rvaglia.
Mediawan Photos CEO Elisabeth d’Arvieu, mentioned in an announcement, that Submarine’s “experience in all genres and significantly in grownup animation and worldwide collection and their urge for food for coproductions is an actual asset for the continual growth of our group.”
“We’re thrilled about this new chapter in Submarine’s story,” Femke Wolting and Bruno Felix, Founders and Managing Administrators of Submarine, informed Deadline. “Becoming a member of forces with Mediawan opens up a wealth of alternatives, permitting us to faucet into their intensive community, sources and industry-leading experience. This thrilling partnership will gas our mission of manufacturing groundbreaking and progressive movies and collection that resonate with international audiences.”
Mediawan’s current acquisitions serve the corporate’s present technique (playfully named “Home of Expertise”) of making worldwide co-productions within the pursuit of commanding IPs. The shopping for spree is bound to proceed.
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