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variety.com
68%
379
Fremantle Buys Italy’s Lux Vide, Company Chiefs Unpack Long-Gestating Deal (EXCLUSIVE)
Nick 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.
nme.com
73%
185
Japanese company gives staff holiday to play ‘Elden Ring’
Pocketpair, the studio behind Palworld, has given staff a paid holiday today (February 25) so they can stay at home and play Elden Ring.FromSoftware’s open-world action role-playing game is out today and according to Pocketpair’s CEO Takruo Mizobe, he believes staff will be “unable to focus on work”.The company announced the “Elden Holiday” in a company wide email, which was later shared on Twitter.ポケットペアは、全社員対象者にエルデン休暇を支給します!エルデの王は金、月は出勤する必要はありません! pic.twitter.com/HforPa0TkN— ポケットペア公式 – Craftopia/クラフトピア (@PocketpairJapan) February 22, 2022Rumour has it that the Dragon Quest series is so popular in Japan, that developer Square Enix now releases its games on Saturdays to prevent kids from skipping school and adults from calling in sick to work to play the game.And last year, Japanese tech developer Mark-On Ltd announced a ‘Monster Hunter Holiday’ for all non-executive employees to coincide with the launch of Monster Hunter Rise after CEO Masaki Hiyama received an overwhelming number of holiday requests for that day.Elden Ring launched earlier today. Steam reviews for the PC version of the game are currently “mixed” due to performance issues and missing features. Bandai Namco has since released a post about the issues in Elden Ring, stating that it is “constantly working to improve the game so that it can be played comfortably on various PC environments and platforms.” In a five-star review of the game NME wrote: “Trying to summarise all of Elden Ring‘s successes, trying to pinpoint why it feels so special, is a gargantuan task.

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