Tunisian-French movie producer Tarak Ben Ammar has finalized a deal to buy Studios de Paris, the manufacturing facility outdoors the French capital which just lately housed the Netflix sequence Emily In Paris and Netflix’s Homicide Thriller 2, Deadline can verify.
Ben Ammar co-founded and part-owned the positioning since 2012 with Luc Besson of EuropaCorp alongside Euromedia and Bleufontaine.
Now, Ben Ammar has acquired the shares owned by all three different companions in a deal accomplished by way of Eagle Photos France, a subsidiary of the Italy outfit managed by the producer.
Studios de Paris has 9 sound levels and a complete floor space of 9,725 m2. In a press release launched by EuropaCorp to traders, the corporate stated the ability would “proceed to characterize a middle of excellence for the French movie trade and be a gorgeous issue for your complete sector”.
The assertion put the deal at $37M (€33M).
Embattled manufacturing outfit EuropaCorp, which produced pics together with Valerian And The Metropolis Of A Thousand Planets, has been in monetary tough for various years. Founder Besson stepped again from his position of CEO in 2020, shifting upstairs to non-executive chairman.
Selection first reported information of the Studios de Paris deal going by means of.
