Fremantle Buys Italy’s Lux Vide, Company Chiefs Unpack Long-Gestating Deal (EXCLUSIVE)

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Fremantle 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 T…

and upcoming “The Rising,” an English-language drama series about the human and secular story of Jesus Christ, while also continuing to churn out local linear product for RAI and Mediaset.Italian company to win an Emmy — in 1995 for the TV movie “Joseph,” directed by Roger Young — Lux Vide has since

who is Fremantle group COO, and also its continental Europe chief, will take the role of Lux Vide chairman. Matilde Bernabei will become honorary chairman and also serve on Lux’s management board. Financial terms were not disclosed.Andrea, what drove you to pursue this deal?Fremantle’s goal is to grow and to do this both organically and through mergers and acquisitions.

We chose to sell to Fremantle because we’ve always been impressed by Andrea’s management skills. There are very few managers at his level in Italy and I’ve always closely followed his moves at Fremantle. When we met, I was very impressed not just by him but by Fremantle’s entire management team. It’s very interesting for me to be able to tap into the synergies in this group, both in Italy and globally. We are living in an increasingly complex world.

 

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