Pathé & Logical Pictures Team On Slate Financing Deal As Historic French Studio Targets Big Budget French & European Tentpoles
26.01.2023 - 11:45
French studio Pathé and film and TV financier and producer Logical Pictures have announced a three co-production and co-financing deal.
The operation involving Logical Content Ventures, a new fund operated by Logical Pictures, will see Pathé open up the financing of its films to private investors for the first time in its history.
The move comes in the wake of Pathé’s ambitious strategy to ratchet up involvement in bigger tentpole moves for theatrical distribution.
The drive has seen it get behind potential French blockbusters such as the upcoming The Three Musketeers; Guillaume Canet’s long-awaited sequel Asterix & Obelix: the Middle Kingdom and big-budget European co-productions by top auteurs such as Matteo Garrone’s Io Capitano and Kirill Serebrennikov’s English feature debut, Limonov: the Ballad of Eddie.
Under the deal with Pathé, Logical Content Ventures will contribute to the financing of all films produced and acquired by Pathé between 2022 and 2024.
The aim is to co-finance and co-produce more than 20 pictures together with the first projects being released as soon as Spring 2023.
The first films included in the agreement are Dany Boon’s Life for Real (Pathé – 26DB Productions), Just Philippot’s environmental thriller, Acid (Pathé – Bonne Pioche), starring Canet and Laetitia Dosch, and Kirill Serebrennikov’s English feature debut, Limonov: the Ballad of Eddie (Pathé – Chapter 2 – Wildside – Fremantle) starring Ben Whishaw.
“Cinema keeps reinventing itself following the recent pandemic-stricken years. It is key to find new ways to finance films and ever-growing cinematic ambitions to adapt the changing market,” said Ardavan Safaee, President of Pathé Films.
“Our partnership with Logical Pictures will allow us
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