Wild Bunch Ag, the pan-European film and TV group co-founded by Vincent Grimond, Brahim Chioua and Vincent Maraval, has secured a €35 million ($40 million) credit line from Germany’s Commerzbank.
The company told Variety that the new credit line will be used by the banner to continue ramping up its production activities, increase its investment in TV series and support its digital distribution business. The credit will mature in October 2022.
While the outfit is no longer directly involved in international sales of movies, Wild Bunch is still handling distribution in France, Italy, Spain, Germany and Austria. Its next few releases planned in France include “Beasts Clawing At Straws,” a feature debut by South Korean helmer Kim Young-hoon on July 8, and Keith Thomas’s “The Vigil,” a horror film produced by Blumhouse on Aug.5.
“This loan is the result of the excellent cooperation with the film specialists of the Commerzbank media team.
The company told Variety that the new credit line will be used by the banner to continue ramping up its production activities, increase its investment in TV series and support its digital distribution business. The credit will mature in October 2022.
While the outfit is no longer directly involved in international sales of movies, Wild Bunch is still handling distribution in France, Italy, Spain, Germany and Austria. Its next few releases planned in France include “Beasts Clawing At Straws,” a feature debut by South Korean helmer Kim Young-hoon on July 8, and Keith Thomas’s “The Vigil,” a horror film produced by Blumhouse on Aug.5.
“This loan is the result of the excellent cooperation with the film specialists of the Commerzbank media team.
- 6/15/2020
- by Elsa Keslassy
- Variety Film + TV
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