Fremantle buys Italian TV production company Lux Vide – The Hollywood Reporter
Fremantle has acquired 70% of long-established Italian production house Lux Vide, adding an important label to its growing international stable.
Founded in 1992 by Ettore and Matilde Bernabei, Lux Vide has been behind recent series, including Netflix’s Medici, with Dustin Hoffman, Richard Madden and Sean Bean; from Amazon Prime Leonardo; and Sky’s financial thriller Devils, with Patrick Dempsey and Alessandro Borghi. In 1994 it became the first Italian company to win an Emmy with the film joseph from The Bible Collection, and he earned Golden Globe and Emmy nominations for his 2009 co-production Coco Chanel.
Although financial terms were not disclosed, the acquisition gives Fremantle control of a company that now owns five studios, based outside of Rome, making it the only independent Italian TV production studio. with over 6,000 square meters of set space.
As part of the deal, the Bernabei family will retain the remaining 30%. Luca Bernabei will continue as CEO of Lux Vide. Fremantle Group COO and CEO Continental Andrea Scrosati, who led the deal, will assume the role of Chairman of Lux Vide, while Matilde Bernabei will become Honorary Chairman and also serve on the Board of Directors.
“The Lux Vide collaboration with Fremantle confirms our global long-term strategy and our international vision,” said Luca Bernabei. “The synergies between the two companies are evident and everyone within the Lux Vide team is eager to embrace this new partnership and the many opportunities it represents for all of us. The Bernabei family will remain at the head of the company proudly founded by my father Ettore, as shareholders, as leaders, but above all as points of reference for our creativity, our editorial line and our incredible production team. .
Lux Vide becomes Fremantle’s latest acquisition following investments in the 12 former production labels Nent Studios in Norway, Sweden, Finland and Denmark (now renamed This is Nice Group), the Australian television production company American Eureka Productions (parental guidance, Finding Magic Mike), the Italians Wildside and The Apartment (my brilliant friend, The new pope, God’s hand); UK-based Naked Entertainment (Ghislaine, Prince Andrew and the pedophile, planet sex), Scandinavian label Miso Film (The rain), French label Kwai (The last wave) and Israeli creative powerhouse Abot Hameiri (Shtisel) as well as a minority stake in UK labels Dancing Ledge Productions (The Salisbury poisonings, The answering machine) and Wild Blue Media (arctic drift).
“We are proud and honored that the incredible talent of Lux Vide has chosen to be part of our family,” said Scrosati. “To share with us their professionalism, their ideas and their vision. I have no doubt that together we will deliver many amazing shows globally, continuing to make Fremantle’s roster even stronger. This agreement underscores Fremantle’s strategic plan to invest and grow in the scripted space, a strategy that has seen the company offer 81 scripted shows across the world in 2021.”