Sony Takes Full Control Of Left Bank Pictures In Deal Valuing ‘The Crown’ Producer At $124M
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deadline.comEXCLUSIVE: Sony Pictures Television has quietly taken full control of The Crown producer Left Bank Pictures in a deal worth £5.5M ($6.6M).
Sony has acquired the 5.32% of Left Bank it did not own, valuing the production house at £103M ($124M) around 15 years after it first launched in the UK.
The deal was completed last June but was disclosed for the first time in two sets of Left Bank earnings published this week on Companies House, the register of British companies.
Deloitte, the consultancy giant, was engaged to value the Left Bank shares held by employees including Andy Harries, the producer’s founder and chief executive.
Read more on deadline.com
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