Italian Buyer Eagle Pictures Acquires ‘John Wick’ & ‘London Has Fallen’ Distributor M2 In $10M Deal

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Eagle Pictures, one of Italy’s leading film distribution and production houses, has acquired fellow distributor M2 Pictures for around €8.5M ($10M), the company has confirmed to us. The deal …

With the pact, which was completed in late July, Eagle’s library swells to around 1,450 movies. The company has an output deal with Sky Italia and has arranged for the broadcaster to take on a handful of the recent M2 titles.

M2 founders Rudolph Gentile and Marco Dell’Utri set the company up in 2010 but the firm had been challenged by the tough releasing landscape in recent years so the sale includes a fair amount of debt obligation, we understand. The company’s 10 staff will not be transferring to Milan-based Eagle. Eagle, which was a top five distributor in the market in 2019, inked a significant output deal this year with Paramount, whose movies had been released in the market by Fox since 2017.

The company already distributes MGM movies and in 2018 partnered with the studio to produce Patrick Dempsey-starring TV seriesDevilsOn the production side, among movies in development is the English-language version of Paolo Genovese’s 2016 hit movie, which has Issa Rae aboard to write, produce and star. That film is being made with Spyglass. Co-production, directed by Nate Parker, debuted at Venice last year where it won the Sconfini section best film prize.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 109. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NBC Sets September Debut For Canadian Medical Drama ‘Transplant’ As Pandemic Impacts Fall Schedule PlansThe five broadcast networks in May and June unveiled their “fall” 2020 schedules, with Fox and the CW opting for pandemic-proof lineups featuring predominantly original and acquired ser… The 'Networks' are still doing this?
Source: DEADLINE - 🏆 109. / 63 Read more »

US inks $1.5B deal with Moderna for 100M Covid-19 vaccine dosesThe US in recent weeks has made deals to acquire hundreds of millions of doses of potential Covid-19 vaccines from several companies as part of its Operation Warp Speed programme.
Source: trtworld - 🏆 101. / 63 Read more »

The CDC issues a dire warning for the fall if coronavirus measures are not followedA top federal health official is issuing a dire warning: Follow recommended coronavirus measures or risk having the worst fall in US public health history. The worst public health fall is right under americans noses. It's called their huge stomachs. Obesity is far worse than any other risk to public health but ignored for decades.
Source: CNN - 🏆 4. / 95 Read more »

L.A. school board approves deal on remote learning; critics say it falls short on teachingL.A. Board of Education approves agreement with union for structured online teaching. Critics say it needlessly shortens the traditional school day. Schools should be closed Do you know what else 'falls short on teaching?' Missing school for your classmates' funerals. At least they can’t molest
Source: latimes - 🏆 11. / 82 Read more »

Midsomer Murders star John Nettles looks unrecognisable in throwback picture to early careerThe actor is best known for playing DCI Tom Barnaby in Midsomer Murders – see incredible early career picture here…
Source: hellomag - 🏆 24. / 68 Read more »

Ex-Roku Exec Doug Shineman Joins Streamwise and 1091 Pictures as Chief Revenue OfficerIndie film and series distributor 1091 Media, which recently renamed itself as Streamwise, hired another key exec for its forthcoming business-to-business analytics platform for content owners: Dou…
Source: Variety - 🏆 108. / 63 Read more »