gaumont television
© Copyright 2020 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. Variety and the Flying V logos are trademarks of Variety Media, LLC. Gaumont filed a cross complaint in June 2019 alleging that O’Connell Marsh breached her termination agreement and wrongfully disclosed the company’s trade secrets to its detriment.During its heyday, Gaumont’s U.S. biz alone brought in €40.7 million, which represented one-fourth of Gaumont’s revenues. But these first-look deals have so far failed to bear fruit. read more.
She was also in charge of international co-productions. Shapiro was in charge of spearheading sales of the Gaumont Television catalogue, including drama and animation series, as well as French shows. Other leading shareholders are from the U.S., notably New York-based firm First Eagle Investment Management LLC with 15.8%, and the Los Angeles-based Capital Research & Management Co. with 2.6%. A chunk of those losses were attributed to the delayed delivery of season five of “Narcos,” which will be taken into account during the second half of 2019. view all. A recent executive shuffle in the Paris headquarters may reflect this strategic shift, according to several sources.The company is chaired by Dumas, who owns 89.7% of the company’s shares. Read Next: ‘Padrenostro’: Film Review: An Intermittently Rewarding Exploration of a Child’s Trauma Gaumont, the once thriving French studio behind “The Intouchables” and “ Narcos,” is set to rejig its film and TV strategy as it anticipates heavy losses in 2019. TV Drama is exclusively devoted to the business of international drama series and specials. London-based firm S.W. This year, it has a few titles lined up, including “Tout Simplement Noir,” a comedy directed by Jean-Pascal Zadi and John Waxxx, and “Rogue City,” a crime thriller directed by Olivier Marchal starring Jean Reno. Shapiro was hired in 2017 and reported to Gaumont vice-CEO Christophe Riandée, and Gene Stein, who took over as president of Los Angeles-based Gaumont Television U.S. in 2015, following the exit of Katie O’Connell Marsh, whose latest venture, TV outfit Platform One Media, was acquired by Canada’s Boat Rocker Media in September. However, of this batch, only one stems from the U.S. operation: “El Presidente,” a true crime series exploring the FIFA corruption scandal produced with Fabula (“A Fantastic Woman”). Other shows, including Netflix’s “Arsene Lupin” with Omar Sy, originate from the company’s European outpost.Gaumont’s drastic cuts out of the U.S. are set against a troubling financial period for the business. The company is believed to have around 12 shows in various stages of production set up at streamers, said a senior source. Gaumont plans to do four or five in-house movies per year going forward, as Dumas told French trade Le Film Francais. The yearly financial report will be unveiled in late February. It was launched on September 12, 2011 as an independent studio based in Los Angeles, designed to produce drama and comedy television programming for the U.S. and international markets. During the first half of 2019, Gaumont saw a 28% drop in revenue to €47.4 million ($52 million), while reporting a loss of €18 million ($19.8 million). A handful of shows from the two outposts are, however, believed to now be in production.In order to finance this strategic shift, Gaumont sold the remaining 44% of its exhibition business to Pathé (headed by Jerome Seydoux, the brother of Gaumont founder Nicolas Seydoux) in 2017 for €380 million ($420 million), which allowed Gaumont to repay its debt of €205 million ($226 million).Sources point to the sale as a grave misstep, as selling its exhibition business – once a lucrative source of recurrent revenues, as well as the most profitable segment of Gaumont’s activities – has now put the firm in a vulnerable position given the number of players banking on premium content production. The financial report also shows that while the company ramped up its investment in TV production by 47% and film production by 55% to €56.5 million ($62.3 million) and €14.6 million ($16 million), respectively, during the first six months of 2019, TV production and distribution generated a loss of €1.16 million ($1.28 million), excluding overheads, while income from film production and distribution fell by 58% to €6.9 million ($7.6 million) during that period.Explaining the results in its latest financial report, Gaumont said 2018 and 2019 were “transition years” after the company sold its exhibition business in 2017 to invest in series production in the U.S., U.K. and Germany.
The House on Mango Street is made up of series of vignettes about the characters that populate a blue-collar Chicago neighborhood, seen through the eyes of a Mexican-American teenager, who acts as narrator for the reader.Gaumont Teams With Netflix To Adapt Sir Paul McCartney's Book ‘High In The Clouds’ Into An Animated FilmVanessa Shapiro, Gaumont’s president of worldwide TV distribution and co-production, talks about the nuances of bringing projects together, windowing and more with TV Drama. It also produced “Hemlock Grove” and animated series “F is for Family” for the streaming giant.However, the collaboration between Gaumont and O’Connell Marsh ended on a sour note. Gaumont As it continues to grow internationally, Narcos producer Gaumont is set to open a new London-based television subsidiary this coming August. Since 2018, the banner has made several in-house productions, including Franck Dubosc’s “Rolling To You,” which was a box office success and traveled to many territories. Under O’Connell Marsh’s leadership, Gaumont was once regarded as the first French company to establish itself in the highly competitive U.S. TV market, with a slate of popular shows such as “Hannibal” for NBC, and “Narcos,” which quickly became one of Netflix’s biggest hits and the first Spanish-language show to become a global success, years before “Money Heist” came along.
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