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Vuelta Group’s SquareOne Acquires Telepool From Will Smith and Jada Pinkett Smith’s Westbrook

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variety.com

SquareOne Entertainment, part of rising European film studio Vuelta Group, has acquired German film and TV production, distribution and licensing company Telepool, which was owned by Will Smith and Jada Pinkett Smith’s Westbrook.

The news was announced Wednesday by Vuelta Group chairman Jerome Levy and CEO of SquareOne and Vuelta Group Germany Al Munteanu.

Munteanu will spearhead the newly combined entity under the SquareOne banner with Michael Heyd serving as CFO/COO. The newly combined SquareOne entity will boast a library consisting of over 1,200 titles such as “Drive,” “Intouchables,” “The Olympus Has Fallen,” “The Hitman’s Bodyguard,” “Imitation Game,” “Lone Survivor,” “Book Club,” “Transporter 3,” “King Richard,” “Maurice the Tomcat” and the recently released “One Life” among others. “For over 60 years, Telepool has been one of the leading global content houses and we are proud of the work we did with the company,” said Westbrook CEO Kosaku Yada. “We are grateful to [former Telepool CEO] Yoko Higuchi-Zitzmann for her leadership over the past two years.

Her respect from the creative community has been instrumental in Telepool’s success.” The new and expanded company will be active across distribution and production.

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