France’s Mediawan Buys Germany’s Leonine Studios
deadline.comFrance’s Mediawan has acquired Germany’s Leonine Studios. The deal, financial terms of which were not revealed, has been bubbling since November last year.
Call My Agent maker Mediawan has owned a 25% stake in the business since 2020. The all-stock deal will see the two companies move even closer together and forms a major European indie studio with 85 labels operating across 13 countries and revenues of more than €1B ($1.1B).
Leonine was founded in 2019 by Fred Kogel with financial support from KKR — a Mediawan backer — and Atwater Capital through acquiring and merging TMG, Universum Film, i&u TV and Wiedemann & Berg Film, and then W&B Television, SEO Entertainment, Hyperbole, BeetzBros Film Production and Toon2Tango.
Productions from within the group include The Lives of Others, School of Magical Animals, Dark, The Gryphon, Crooks, Juan Carlos – Downfall of The King, and The Cleaners.
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