Brad Pitt’s Plan B Entertainment is selling a majority stake to Paris-based Mediawan, Deadline has confirmed, following news several months ago that the company was seeking a buyer.
There are no financial details on the transaction, which could be announced as early as this weekend. The company, run by president Dede Gardner and co-president Jeremy Kleiner, recently produced She Said and its credits include The Departed, Moonlight and 12 Years a Slave.
Plan B had hired investment bank Moelis & Co. to explore options. Mediawan owns a fleet of European production operations such as Lagardère Studios, Makever and the French TV division of EuropaCorp and has a majority of the UK’s Drama Republic through a deal struck through its Mediawan & Leonine Studios venture.
It is best known as the company behind the producers of the original Call My Agent (Pour Dix Cent), although it doesn’t sell the rights internationally.
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