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Brad Pitt Sells Stake in Production Company to French Conglomerate Mediawan

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French media conglomerate Mediawan said it agreed to buy a significant stake in Brad Pitt’s Plan B Entertainment, whose credits include Oscar-winning films such as “12 Years a Slave” and “Moonlight.”

, including a possible sale of part of the company. CNBC on Friday reported that a Plan B stake was going to be sold to Mediawan.

Founded in 2015, Paris-based Mediawan controls several distribution and production companies across Europe, which have backed projects including “Call My Agent!,” a comedy about a French talent agency, and “The Life Ahead,” an Italian movie starring Sophia Loren. By joining forces with Plan B, Mediawan is expanding beyond its core European markets into the U.S., the companies said Friday.

Plan B, which is run by Mr. Pitt and film producers Dede Gardner and Jeremy Kleiner, has been involved in a number of critically acclaimed movies. Some of its recent projects include “Women Talking,” a religious drama scheduled for theatrical release later this year, and the Marilyn Monroe biopic “Blonde” onThe three partners in Plan B are also entering the capital of Mediawan as part of the acquisition, the companies said.Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.

 

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