EXCLUSIVE: Brussels-based, pan-European co-production and financing firm Umedia has acquired a 15% stake in Belga Studios, an affiliate of Belgium’s oldest movie firm Belga Films Group.
Umedia, which is a significant participant within the European audiovisual sector, overseeing €35M in Tax Shelter funds, and financing and producing round 50 audiovisual initiatives a 12 months, described the transfer as “a milestone” in its collaboration with Belga Studios.
It stated the partnership would bolster collaboration on options initiated in Belgium, whereas aiming for worldwide attain, starting with a quartet of high-profile initiatives introduced by Belga Studios over the previous 12 months.
They span The Yellow M, an adaptation of the iconic ‘Blake and Mortimer’ comics sequence, The Magician of Auschwitz, an English-language feature film by Jaco Van Dormael; The Einstein Enigma, an adaptation of the bestseller by José Rodrigues dos Santos, and the fantasy trilogy The E-book with no Title, primarily based on a cult sequence of books by an nameless creator.
Umedia stated the partnership could be mutually useful and was primarily based on pure and clear synergies between the 2 entities.
The corporate sees it as a possibility to broaden its involvement in producing whereas sustaining its key function in co-production with European and Belgian producers, whereas for Belga Studios, the alliance strengthens their capacity to supply high-value initiatives, each artistically and commercially.
“We’re thrilled to associate with Belga Studios and are extraordinarily excited to collaborate on their initiatives in improvement. Collectively, we intention to create works that can depart a long-lasting influence on the cinematic panorama,” stated Bastien Sirodot and Laurent Jacobs, CEOs of Umedia.
“Moreover, beginning this partnership with the difference of The Yellow M is especially symbolic for us. As passionate admirers of those iconic heroes, we’re honored to assist convey this Belgian cultural gem to life.”
Umedia has been concerned in additional than 650 options and sequence since its creation in 2004, with latest function credit together with French field workplace hit The Rely Of Monte-Cristo, function animation Fox & Hare Save the Forest and award-winning UK drama How To Have Intercourse.
