Belgium’s Umedia Acquires Minority Stake In Belga Studios In Strategic Alliance Kicking Off With ‘The Yellow M’ Adaptation

deadline.com:

EXCLUSIVE: Brussels-based, pan-European co-production and financing company Umedia has acquired a 15% stake in Belga Studios, an affiliate of Belgium’s oldest film company Belga Films Group.

Umedia, which is a major player in the European audiovisual sector, overseeing €35M in Tax Shelter funds, and financing and producing around 50 audiovisual projects a year, described the move as “a milestone” in its collaboration with Belga Studios.

It said the partnership would bolster collaboration on features initiated in Belgium, while aiming for international reach, beginning with a quartet of high-profile projects announced by Belga Studios over the past year.

They span The Yellow M, an adaptation of the iconic ‘Blake and Mortimer’ comics series, The Magician of Auschwitz, an English-language feature film by Jaco Van Dormael; The Einstein Enigma, an adaptation of the bestseller by José Rodrigues dos Santos, and the fantasy trilogy The Book with no Name, based on a cult series of books by an anonymousauthor.