Entertainment

Fremantle buys Italian TV production company Lux Vide – The Hollywood Reporter

Fremantle has acquired a 70% stake in long-established Italian manufacturing company Lux Vide, adding an important brand name to the expanding international stable.

First founded in 1992 by Ettore and Matilde Bernabei, Lux Vide has been behind recent series including Netflix Medici, starring Dustin Hoffman, Richard Madden, and Sean Bean; Amazon Prime’s Leonardo; and Sky’s financial thriller Devil, starring Patrick Dempsey and Alessandro Borghi. In 1994, it became the first Italian company to win an Emmy for the film Joseph are from Bible Collection, and it received Golden Globe nominations and an Emmy Award for co-production in 2009 Coco Chanel.

Although financial terms were not disclosed, the acquisition gives Fremantle control of a company that now owns five studios, based outside of Rome, making it the only independent television production studio of Italy covers an area of ​​more than 6,000 square meters.

Under the agreement, the Bernabei family will keep the remaining 30 percent. Luca Bernabei will continue as CEO of Lux Vide. Fremantle Group CEO and Continental CEO Andrea Scrosati, who are leading the sale, will assume the role of Lux Vide chairman, while Matilde Bernabei will become honorary chairman and also serve on the board. administration.

Luca Bernabei said: “Lux Vide’s partnership with Fremantle affirms our long-term global strategy and international vision. “The synergy between the two companies is clearly visible and everyone on the Lux Vide team looks forward to this new partnership and the many opportunities it represents for all of us. The Bernabei family will remain at the helm of the company proudly founded by my father Ettore, as a shareholder, as a manager, but above all as a reference point for creativity, a frontier line our incredible set and production team. ”

Lux Vide becomes the latest acquisition for Fremantle following Nent Studios’ investments in 12 previous production labels in Norway, Sweden, Finland and Denmark (now Nice Group), the company Australian-American television production company Eureka Productions (Parental guidance, Looking for Magic Mike), Wildside and Italy-based The Apartment (My great friend, New Pope, The hand of God); Naked Entertainment is based in the United Kingdom (Ghislain, Prince Andrew and the pedophile, Sex Planet), Miso Scandi Studios (Rain), French Kwai brand (The Last Wave) and Israel’s creative powerhouse, Abbott Hameiri (Shtisel) as well as a minority stake in the UK label Dancing Ledge Productions (Salisbury poisoning case, Respondent) and Wild Blue Media (Arctic Drift).

“We are proud and honored that the incredible talents at Lux Vide have chosen to be part of our family,” said Scrosati. “Share with us their professionalism, ideas and vision. I have no doubt that together we will deliver many exceptional performances around the globe, continuing to propel Fremantle even further. This agreement underscores Fremantle’s strategic plan to invest and grow in the script space, a strategy that will enable the company to deliver 81 scripted shows worldwide by 2021.”

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