Fremantle owns majority stake in Element Pictures, producer of “The Favourite”, “Normal People”

Independent production giant Fremantle has acquired a majority stake in award-winning Irish band Element Pictures, producer of the hit BBC/Hulu series. Normal people And Oscar winning movies Favorite s Living room.

The deal, announced on Tuesday by Fremantle Group COO and Continental Europe CEO Andrea Scrosati and Element Pictures co-founders Ed Guinness and Andrew Lowe, comes amid the Fremantle food craze that has bought the UK for just 12 months. Based on Dancing Salient (Accused) Italian-made Lux Vide suit (Devils, Leonardo), international production and development company Fabel (the forest), the Australian-American television band Eureka Productions (ობ Directed by a father, Find the magic microphone), unwritten staff from UK Label1 (Hospital, five guys a week) and 12 Nordic Entertainment Group production labels in Norway, Sweden, Finland and Denmark.

But even in this group, Element Pictures stands out. Operation Dublin is one of Europe’s most successful and acclaimed independent producers, including Oscar winner Lenny Abrahamson. Living roomOscar winner George Lantimo Favorite (Like Lantimo ᲚObster s The Killing of the Sacred Deer), by Sebastião Lélio Disobedience; and Sean Durkins nest.

Films currently in post-production include Lelio Wonderful For Netflix Lanthimos bad thing To Searchlight Pictures and Joanna Hogg’s eternal daughter For BBC Films and A24.

Element’s transition to television brought worldwide success Normal people (2020), based on the novel of the same name by Sally Rooney, which received four Emmy nominations. The company continues the 12th part. conversations with friendsAnother Rooney adaptation, directed by Abrahamson with Lien Welham and premiering on BBC and Hulu on May 15.

“Fremantle is proud to invest in and partner with the best creative minds in the business world. “Eddie, Andrew and the amazing team at Element Pictures certainly fall into this category,” Scrossati said in a statement. “They have created an amazing company that has become one of the most exciting and innovative creative manufacturing companies in Europe. We look forward to working closely with your immensely talented creatives to help them develop high-quality, sophisticated and powerful products. “Creative freedom will be at the heart of this partnership, and everyone at Fremantle is excited to work with the Element Pictures team and expand internationally.”

Last August, Fremantle’s parent company, RTL Group, said its target was to reach €3 billion ($3.17 billion) in total revenue by 2025. Acquisition of major manufacturing companies as well as significant investments in content , talent and intellectual property is a key part. About the group’s expansion strategy.