Newen


Newen completes acquisition of Reel One Entertainment

Newen Group has completed its acquisition of Canadian scripted producer-distributor Reel One Entertainment. The Department of Canadian Heritage approved the transaction last week, allowing Newen to complete the deal, which was first announced in July. Based in Montreal with offices in London, Los Angeles and Vancouver, Reel One develops, finances, produces and markets telefilms and […]

Newen acquires Reel One Entertainment

French media giant Newen has acquired Canadian scripted producer-distributor Reel One Entertainment. Founded in 2001 by Tom Berry, Reel One specialises in licensing TV movies as well as developing and producing content for channels and streamers. With 90% of revenues generated outside Canada, the firm – which is headquartered in Montreal with offices in Los […]

Newen acquires stakes in Dutch and Danish prodcos

TF1-owned Newen is acquiring equity stakes in two production companies: Pupkin, from the Netherlands and Nimbus, from Denmark. The acquisition reflects Newen’s focus on drama in Europe, as the French company broadens it footprint to territories outside of its own. In May 2017, the company also created a £50 million (US$54.8 million) drama investment fund […]

Cineflix hires ex-Newen exec for copros

Cineflix Media has appointed ex-Newen exec Julien Leroux to the new position of SVP for global scripted co-productions. Based in London, he will work with Chris Bonney, CEO Rights, and the team at Cineflix Rights to acquire scripted content for all media platforms. Leroux, who will lead the company’s scripted co-production initiatives, will report to […]

Elephant hires Newen exec to head int’l production

French indie Elephant has hired Germanized executive producer and Newen Group head of international copros, Sandra Ouaiss, as its head of international drama. Ousaiss, who will also executive produce for the company, will develop projects for French broadcasters and oversee Elephant’s push into international scripted production, with a particular focus on projects for major SVOD […]

Amazon Prime brings in first French original

Amazon Prime Video is teaming up with Newen (through its Telfrance subsidiary), Bavaria Fiction and Deutsche Telekom for new comedy drama Germanized. In French, the title will be Deutsche-Les-Landes. It will be the first French original to appear on Amazon’s streaming service in France. Amazon will also be the exclusive distribution partner for the title […]

Laetitia Recayte leaving France Télévisions

Laetitia Recayte is exiting France Télévisions this summer. The former Newen Group exec joined the French pubcaster in a wide-ranging rights exploitation role in late 2015, but is soon leaving the French pubcaster. French trade title Satellifax broke the news this morning. It reported that Recayte’s decision to leave France Télévisions was based upon her remuneration […]

Newen buys Dutch prodco Tuvalu

France-based producer and distributor Newen has taken a majority stake in the Tuvalu Media Group. The deal sees another change in ownership at the Amsterdam-based prodco, after it was acquired by Sony Pictures Television in 2008 before being sold back to a management and private equity team. Tuvaulu founders Taco Zimmerman and Douwe van der […]

Increased costs hit TF1

French broadcaster TF1’s performance for the first nine months of the year has been hit by a series of factors, including increased sports rights costs, the increased cost of drama programming, the acquisition of Newen Studios and the year-on-year impact of offloading Eurosport. The broadcaster posted revenues of €1.427 billion for the first nine months, up […]

Programming costs weigh on TF1

French commercial broadcaster M6 overtook larger rival TF1 at the end of last week in terms of market capitalisation as the latter’s shares dropped sharply on poor second-quarter results. TF1 saw its second-quarter operating profit fall from €57.3 million (US$62.3 million) to €22 million year-on-year. Coming on top of a €19.2 million operating loss in […]