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Brad Pitt’s Production Company Sells Stake to France’s Mediawan
- Mediawan sets up new entity to develop business in the US
- Pitt and Plan B partners to become shareholders of Mediawan
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Brad Pitt’s Plan B Entertainment, the production company behind films like The Big Short, agreed to sell a “significant” stake to Mediawan SA, the French media conglomerate behind the hit series Call My Agent.
Mediawan is financing the deal through a capital increase with investments from shareholders including KKR, Atwater Capital and Societe Generale SA, the company said in a statement Saturday. Pitt and his Plan B partners Dede Gardner and Jeremy Kleiner will also become holders of Mediawan after the transaction. It values Plan B at more than €300 million, according to a person familiar with the deal.