French Distributor Mars Films Finalizes Restructure With Vivendi Content, Studiocanal to Operate Heavy-Hitting Library

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Mars Films, the Paris-based distribution company that released Oscar winners “12 Years a Slave” and “Moonlight,” has finalized its restructuring plan with minority shareholder Vivendi Content…

Stephane Celerier

The Mars catalogue includes hit French co-productions such as “La Famille Belier,” the hit French heart-warming comedy that was remade into “CODA,” “Two is a Family” with Omar Sy, Fred Cavayé’s “Le jeu”; and award-winning indies such as Steve McQueen’s “12 Years a Slave,” Barry Jenkins’ “Moonlight,” Asif Kapadia’s “Amy,” Margot Robbie starrer “I, Tonya,” Matt Ross’ “Captain Fantastic,” Harmonie Korine’s “Spring Breakers,” Jeff Nichols’ “Loving,” and Woody Allen’s movies, from “Midnight in...

Vivendi will pay a total sum of €17.3 million to take over Mars Films, including the €11.6 million debt owed to the investment fund VisVires and bank Natixis Coficiné, a financier that specializes in lending to the media and entertainment industries. As part of the restructuring plan, the 11 employees of Mars Films have been laid off.

 

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