Studiocanal Takes Majority Stake In Italian ‘Sentimental Value’ & ‘Yellow Letters’ Distributor Lucky Red ...Middle East

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Studiocanal Takes Majority Stake In Italian ‘Sentimental Value’ & ‘Yellow Letters’ Distributor Lucky Red
Vivendi-owned pan-European production and distribution house Studiocanal has acquired a 51% stake in top indie Italian distributor Lucky Red. Italian cinema trade Cinematografo.it reported that company CEO Andrea Occhipinti had sold 40% of his 89% controlling stake in the company for €20.8M ($24.56M). Under the operation, minority shareholders, Head of Marketing and Communications Valerio Scarinci […]

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