International Federation of Studies (Bureau, around the world in 80 days) reached an agreement to acquire a majority stake in London-based British film and television production company Vertigo Films (Great Britain, bullet proof, Sweeney, monsters).
Financial and other terms were not disclosed.
“The agreement underscores the ambitions of Vertigo Films and the Federation to expand their premium content offering to the global market and marks the continued expansion of the independent European studio as it increases its investment in well-known record labels and creative talent,” the companies said. . .
“The acquisition follows an exceptionally busy year for Vertigo, which is currently in post-production on a new comedy-drama series. mammalsJez Butterworth, James Corden, and Sally Hawkins for Amazon’s Next ’80s Gangster Epic The city called Malice by Nick Love for Sky Max and has just completed principal photography on a new Star film for Sky Cinema, with more details to be announced at a later date,” Vertigo said in announcing the deal on Wednesday.
Federation President Pascal Breton said: “Vertigo is one of the first and only British production companies to brilliantly reinvent itself to suit the competitive theatrical market and then produce drama series with strong international potential.”
In a joint statement, Vertigo Film co-founders and executive producers James Richardson and Alan Niblo and Vertigo CEO Jane Moore said: “Vertigo Films has been a trusted name in cinema for 20 years, producing quality and commercially successful films, and we are very pleased with the company’s success in recent years in expanding our television division. Bringing the boldest ideas of extraordinary talent to life is in our DNA, and now having such a prolific partner in the federation is an opportunity to expand and push our ambitious roster forward at full speed.”
Founded in 2013, the Federation, led by Breton and co-chaired by Lionel Uzan, focuses on the creation, production, financing and distribution of original productions, including series, feature films, children’s programming and documentaries.
Source: Hollywood Reporter
Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.
