Home Production company Fremantle acquires majority stake in Irish production company Element Pictures

Fremantle acquires majority stake in Irish production company Element Pictures

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Global content production and distribution company Fremantle announced today that it has acquired a majority stake in award-winning Irish film and drama production company Element Pictures – the successful independent production company behind the global phenomenon normal peopleOscar-winning films The favourite and Bedroomand the highly anticipated new TV series, Conversations With Friends.

Working across production, distribution and exhibition, Element Pictures is managed by co-founders Ed Guiney and Andrew Lowe, with offices in Dublin, London and Belfast. The deal was spearheaded by Fremantle Group COO and Continental Europe CEO Andrea Scrosati and Lorenzo De Maio of De Maio Entertainment. In a statement, the company said the acquisition further underscores Fremantle’s strategic plan to invest in and grow high-end production companies and creative talent around the world.

Upcoming television productions from Element Pictures include Conversations with friendsbased on Sally Rooney’s early literary sensation set to be among the hottest TV releases of 2022. The 12-part series was developed and produced by Element Pictures, directed by Lenny Abrahamson and Leanne Welham, co-written by Alice Birch and will premiere on BBC and Hulu on May 15, 2022, and will roll out worldwide shortly thereafter.

This follows Element Pictures’ award-winning adaptation of Sally Rooney’s bestselling novel normal peoplereleased in 2020, which received acclaim and record ratings worldwide.

Element Pictures’ Recent Film Credits Include Lenny Abrahamson’s Oscar, Golden Globe and BAFTA Awards Bedroom and The little stranger; Academy Award, Golden Globe and BAFTA by Yorgos Lanthimos The favourite with Olivia Colman, The Killing of a Sacred Deer and Lobster (Jury Prize, Cannes), and Sebastián Lelio Disobedience; and that of Sean Durkin The nest.

Element Pictures turns 21 this year and it is incredibly exciting for us and our wonderful colleagues to enter an ambitious new phase of growth in partnership with our friends in Fremantle at a truly exciting time for our industry. We are huge fans of the people of Fremantle, their vision for the future and the amazing talent they work with in film and television. Working closely with Jen, Andrea, Lorenzo, Christian, Jens and their brilliant team will allow us to grow and grow our existing relationships with the world’s best creators and expand our ability to make exceptional films and TV series for audiences. international. .

Ed Guiney and Andrew Lowe, Founders – Element Pictures

Fremantle is proud to invest in and partner with the best creative minds in the industry. Ed, Andrew and the incredible team at Element Pictures certainly fall into this category. They have built an amazing business, which has become one of the most exciting and innovative creative production companies in Europe. We look forward to working closely with their immensely talented creators, helping them build on their slate of high quality, sophisticated and powerful productions. Creative freedom will be at the very heart of this partnership, and everyone at Fremantle is excited to work with the Element Pictures team and support its growth internationally.

Andrea Scrosati, Fremantle Group COO, CEO Continental Europe

Last August, RTL Group announced its aim to increase Fremantle’s annual revenue target to €3 billion by 2025.

The acquisition of Element Pictures is part of Fremantle’s broader growth strategy to invest in production companies, content and talent around the world to find the best creative ideas, develop and build strong intellectual property and unavoidable. The investment in Element Pictures follows acquisitions over the past 12 months, including the acquisition of UK-based independent production company Dancing Ledge (The answering machine), scripted by Italian production company Lux Vide (Devils, Leonardo), the international development and production company Fabel (Bosch), the Australian-American television production company Eureka Productions (parental guidance, Finding Magic Mike) and UK unscripted production company Label1 (Hospital, five guys a week, Soldier) and 12 production labels in Norway, Sweden, Finland and Denmark from Nordic Entertainment Group (This is Nice Group). In addition to spearheading the deal, De Maio Entertainment, a Fremantle-backed company, will be a strategic advisor and partner to the entire Element Pictures lineup, using its vast experience to optimize strategy and maximize the impact and success of each project.

Element Pictures’ current television in production includes The gallows pole (BBC/A24), the star-studded BBC period drama from critically acclaimed director Shane Meadows and Nancy Harris’ eight-part comedy-drama The dry (BritBox/RTE/ITV Studios/Screen Ireland), which is currently streaming on Britbox and will be on RTÉ in the fall. Previous television includes the co-production of The Dublin Murders with Fremantle-backed Euston Films.

Films currently in post-production include Sebastián Lelio wonderment (Netflix), with Florence Pugh; Yorgos Lanthimos’ poor things (Searchlight Pictures), starring Emma Stone, Mark Ruffalo and Willem Dafoe; Stephen William’s historic biopic Knight (Searchlight Pictures), with Kelvin Harrison Jr; and Joanna Hogg The Eternal Daughter (BBC Films/A24) starring Tilda Swinton.

Recent film releases from Element Pictures include Phyllida Lloyd’s Se, and The Souvenir Part II by Joanna Hogg (BBC Films/A24) which had its world premiere at the 2021 Directors’ Fortnight.