Luc Besson’s financially struggling film company, EuropaCorp, has entered into exclusive negotiations with Gaumont to sell off Roissy Films’ library, which includes more than 500 titles.
If greenlit, the pact will allow Gaumont to take over the exploitation of films from the Roissy catalogue, which boasts more than 80 award-winning films. Best-known titles include Claude Zidi’s “The Under-Gifted” (“Les sous-doués”) and Jean-Jacques Annaud’s “Quest for Fire” (“La guerre du feu”).
EuropaCorp had acquired Roissy Films in 2008.
EuropaCorp said the deal with Gaumont “falls within the scope of the new strategy of the company consisting in focusing on its core business activities: the production and distribution of films and series around the world.”
The company will also be looking to sell about 30 films from Roissy Films to a third party.
Within the last 18 months, EuropaCorp has taken drastic steps to cut costs, including the sale of its French TV production unit for €11 million,...
If greenlit, the pact will allow Gaumont to take over the exploitation of films from the Roissy catalogue, which boasts more than 80 award-winning films. Best-known titles include Claude Zidi’s “The Under-Gifted” (“Les sous-doués”) and Jean-Jacques Annaud’s “Quest for Fire” (“La guerre du feu”).
EuropaCorp had acquired Roissy Films in 2008.
EuropaCorp said the deal with Gaumont “falls within the scope of the new strategy of the company consisting in focusing on its core business activities: the production and distribution of films and series around the world.”
The company will also be looking to sell about 30 films from Roissy Films to a third party.
Within the last 18 months, EuropaCorp has taken drastic steps to cut costs, including the sale of its French TV production unit for €11 million,...
- 9/20/2018
- by Elsa Keslassy
- Variety Film + TV
Luc Besson's financially struggling EuropaCorp is putting another asset up for sale, entering into exclusive negotiations with Gaumont for the catalog of Roissy Films.
EuropaCorp acquired the 500-film strong catalog — which includes several award winners, such as Jean-Jacques Annaud's Quest for Fire and Claude Zidi's The Under-Gifted — a decade ago. French mini-major Gaumont and Besson's EuropaCorp will engage in negotiations for the titles, though EuropaCorp said it would also explore selling around 30 unspecified films to a third party.
“This project would fall within the scope of the new strategy of the Group consisting in ...
EuropaCorp acquired the 500-film strong catalog — which includes several award winners, such as Jean-Jacques Annaud's Quest for Fire and Claude Zidi's The Under-Gifted — a decade ago. French mini-major Gaumont and Besson's EuropaCorp will engage in negotiations for the titles, though EuropaCorp said it would also explore selling around 30 unspecified films to a third party.
“This project would fall within the scope of the new strategy of the Group consisting in ...
- 9/20/2018
- The Hollywood Reporter - Film + TV
Luc Besson's financially struggling EuropaCorp is putting another asset up for sale, entering into exclusive negotiations with Gaumont for the catalog of Roissy Films.
EuropaCorp acquired the 500-film strong catalog — which includes several award winners, such as Jean-Jacques Annaud's Quest for Fire and Claude Zidi's The Under-Gifted — a decade ago. French mini-major Gaumont and Besson's EuropaCorp will engage in negotiations for the titles, though EuropaCorp said it would also explore selling around 30 unspecified films to a third party.
“This project would fall within the scope of the new strategy of the Group consisting in ...
EuropaCorp acquired the 500-film strong catalog — which includes several award winners, such as Jean-Jacques Annaud's Quest for Fire and Claude Zidi's The Under-Gifted — a decade ago. French mini-major Gaumont and Besson's EuropaCorp will engage in negotiations for the titles, though EuropaCorp said it would also explore selling around 30 unspecified films to a third party.
“This project would fall within the scope of the new strategy of the Group consisting in ...
- 9/20/2018
- The Hollywood Reporter - Movie News
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