France’s Mediawan Group and private equity firm Entourage Ventures have struck a co-development agreement underpinned by a €100M ($107M) fund.
The pair will work together over a four- to six-year period to finance series “with strong international potential.” Underpinning the operation will be €100M Entourage Fund.
Mediawan is coming off the back of its attention-grabbing deal for Brad Pitt’s Plan B Entertainment, while Entourage Ventures is a film and TV financier that has invested more than €50M ($54M) on 40 French films.
It first pushed into TV series in 2020 through an agreement with producer Media Muskateers. Entourage will work with Mediawan Rights, the sale arm of Mediawan, to co-developm, co-produce and co-distribute series.
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