Fremantle Buys Italy’s Lux Vide, Company Chiefs Unpack Long-Gestating Deal (EXCLUSIVE)
variety.comNick Vivarelli International CorrespondentFremantle has acquired a 70% stake in Italy’s Lux Vide, the prominent TV production company that has been steadily raising its standing in the international arena, most recently with the high-end TV series “Medici,” “Devils” and “Leonardo.”The long-gestating Lux Vide deal, which closed on Thursday, marks the latest acquisition by the expanding RTL-owned production and distribution giant.
Fremantle, which has been on a buying spree, now owns or controls a panoply of independently operated production shingles across Europe, as well as in Israel, Australia and the U.S.Their stated goal is to invest and grow in the global scripted arena where, by their count, Fremantle delivered 81 scripted shows in 2021, including BBC One hit “The Responder,” HBO Max series “Lust,” from Sweden’s Miso Film, and Italian dystopian drama “Anna.” Previous Fremantle investments include acquiring the 12 former Nent Studios production labels in Norway, Sweden, Finland and Denmark (now rebranded This is Nice Group); Australian-American television production company Eureka Productions; U.K.-based Naked Entertainment; French label Kwai; and Israel’s Abot Hameiri, among others.The Lux purchase also marks Fremantle’s third acquisition of a production company in Italy, where the company already owns Wildside and The Apartment, the outfit behind Paolo Sorrentino’s Oscar-nominated “The Hand of God.” Fremantle also recently inked a pact with Italy’s Cinecittà involving the long-term rental of six sound stages at the iconic Rome studios.Founded in 1992 by Ettore Bernabei, who was a long-time former chief of Italian pubcaster RAI, Lux Vide has since been headed by his progeny, Matilde and Luca Bernabei.
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