Fremantle takes majority stake in “The Favorite” and “Conversations With Friends” Producer Element Pictures

In another mega M&A deal, Fremantle has acquired a majority stake in Ireland favorite room Y conversations with friends Pictures of the manufacturer’s article.

The company, one of the most prolific and respected in the European drama circle, joins Fremantle’s roster of drama producers, which includes Accused indie Dancing Ledge Productions, which recently became the majority owner of Fremantle and Italian powerhouse Lux Vide.

Fremantle said the move highlights “a strategic plan for investment and development in premium manufacturing companies and creative talent around the world.” The global producer-distributor has just signed talent deals with the likes of Angelina Jolie as she seeks to expand her global footprint.

The element, founded by Ed Guinea and Andrew Lowe, is the basis of the BBC Three / Hulu series in London, Dublin and Belfast. conversations with friends, Out this week, similarly adapted by Sally Rooney Normal people Before critical approval. She also produces the BBC drama. pole of galus With Shane Meadows in association with ფ Iforia Manufacturer A24.

As for the feature films, the company won Academy Awards / BAFTAs and was nominated for the role of Olivia Coleman. Favorite Y Room, by whom it was ruled Normal people Directed by Lenny Abrahamson. Previous credits include The killing of the holy deer Y ᲚOyster For Favorite George Lantimos and Indian are working on another Lanthimos Searchlight Pictures film The poor, with netflix Wonder By Sebastiano Lelio.

The Element agreement was led by Andrea Scrossati, CEO of Fremantle’s Group COO and Continental Europe, together with Lorenzo de Maio of De Maio Entertainment. De Maio, owned by Fremantle, will serve as strategic consultant and partner of Element Pictures

Scrossati said the Guinness and Lowe item “belongs to the category of the best creative minds in the business world.”

“They have created an amazing company that has become one of the most exciting and innovative creative manufacturing companies in Europe,” he added. “We look forward to working closely with their extremely talented creatives to help them develop high quality, sophisticated and powerful products.”

Noting that Element turns 21 this year, Guinea said: “It is incredibly exciting for us and our excellent colleagues to enter an ambitious new phase of growth.”

“We are huge fans of the people of Fremantle, their vision of the future and the extraordinary talent they work with in film and television.”