Apx Group, a New York-, Los Angeles- and London-based film, media and entertainment fund owned by a group of private financiers from the U.S., Italy, Spain and the U.K., has struck a joint venture agreement with London documentary producer Spring Films (Joshua Oppenheimer’s The Act of Killing, Andre Singer‘s Night Will Fall, Fireball: Visitors from Darker Worlds).
The partners said on Thursday that they would invest in new productions over the next five years. “The joint venture will look to develop and produce new and breakthrough content,” they said. “The parties also see this agreement as an opportunity to curate a valuable library of unique content that will have the potential for global distribution.”
Spring has made documentaries for the likes of Netflix, Apple TV+, HBO, the BBC and Sky and earned two Oscar nominations.
Apx, led by global CEO Shelley Hammond, is planning a public...
The partners said on Thursday that they would invest in new productions over the next five years. “The joint venture will look to develop and produce new and breakthrough content,” they said. “The parties also see this agreement as an opportunity to curate a valuable library of unique content that will have the potential for global distribution.”
Spring has made documentaries for the likes of Netflix, Apple TV+, HBO, the BBC and Sky and earned two Oscar nominations.
Apx, led by global CEO Shelley Hammond, is planning a public...
- 3/16/2023
- by Georg Szalai
- The Hollywood Reporter - Movie News
Apx Group, a New York-, Los Angeles- and London-based film, media and entertainment fund owned by a group of private financiers from the U.S., Italy, Spain and the U.K., has acquired a 50 percent stake in London-based Twickenham Film Studios, where the likes of The Italian Job, Beatles feature A Hard Day’s Night, Bohemian Rhapsody, The Iron Lady and Elizabeth: The Golden Age were made.
A price tag was not disclosed.
The move follows recent news of businessman Sunny Vohra, chairman of Twickenham Film Studios, acquiring a 6.95 percent stake in Apx. The deal for the stake signals a 950 million pound ($1.14 billion at Thursday’s exchange rate) market capitalization for Apx, led by global CEO Shelley Hammond, which is planning a public listing on the New York Stock Exchange later this year, the company said.
The Twickenham acquisition is the latest addition to Apx’s network of studios. In recent months,...
A price tag was not disclosed.
The move follows recent news of businessman Sunny Vohra, chairman of Twickenham Film Studios, acquiring a 6.95 percent stake in Apx. The deal for the stake signals a 950 million pound ($1.14 billion at Thursday’s exchange rate) market capitalization for Apx, led by global CEO Shelley Hammond, which is planning a public listing on the New York Stock Exchange later this year, the company said.
The Twickenham acquisition is the latest addition to Apx’s network of studios. In recent months,...
- 3/13/2023
- by Georg Szalai
- The Hollywood Reporter - Movie News
American-European Media Fund Apx Group has completed the acquisition of a 50% stake in the UK’s Twickenham Film Studios.
The 120-year-old facility in South West London has hosted a slew of classic titles across its history including The Italian Job and A Hard Day’s Night, as well as big-budget productions such as Bohemian Rhapsody and Top Gun: Maverick more recently.
The acquisition is the latest major addition to Apx Group’s global network of studios ahead of its planned public listing on the New York Stock Exchange later this year.
Under the operation, Apx Group will rebrand its global network of studios with the Twickenham Studios name.
The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the US, all under the branding of Twickenham Studios.
The equity structure of this transaction was made together with Apx...
The 120-year-old facility in South West London has hosted a slew of classic titles across its history including The Italian Job and A Hard Day’s Night, as well as big-budget productions such as Bohemian Rhapsody and Top Gun: Maverick more recently.
The acquisition is the latest major addition to Apx Group’s global network of studios ahead of its planned public listing on the New York Stock Exchange later this year.
Under the operation, Apx Group will rebrand its global network of studios with the Twickenham Studios name.
The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the US, all under the branding of Twickenham Studios.
The equity structure of this transaction was made together with Apx...
- 3/13/2023
- by Melanie Goodfellow
- Deadline Film + TV
U.S.-Europe media fund Apx Group has acquired a 50% stake in London’s Twickenham Film Studios.
The move comes weeks after Twickenham Studios chair Sunny Vohra acquired a 6.95% stake in the Apx Group for more than $70 million, reflecting a market cap of $1.1 billion for Apx, which is planning a public listing on New York Stock Exchange later this year.
Apx and Twickenham did not disclose the financial value of the deal.
As part of the acquisition, Apx Group will rebrand its global network of studios with the Twickenham Studios name. The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the U.S., all under the Twickenham Studios brand.
The equity structure of the transaction is made together with Apx Group’s and U.K. partner and production arm Herd International Productions and the partners Shelley Hammond,...
The move comes weeks after Twickenham Studios chair Sunny Vohra acquired a 6.95% stake in the Apx Group for more than $70 million, reflecting a market cap of $1.1 billion for Apx, which is planning a public listing on New York Stock Exchange later this year.
Apx and Twickenham did not disclose the financial value of the deal.
As part of the acquisition, Apx Group will rebrand its global network of studios with the Twickenham Studios name. The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the U.S., all under the Twickenham Studios brand.
The equity structure of the transaction is made together with Apx Group’s and U.K. partner and production arm Herd International Productions and the partners Shelley Hammond,...
- 3/13/2023
- by Naman Ramachandran
- Variety Film + TV
Apx Group, a New York-, Los Angeles- and London-based film, media and entertainment fund owned by a group of private financiers from the U.S., Italy, Spain and the U.K., has signed a preliminary agreement to invest in L.A.-based Next Wave Studios (Nws), a joint venture of Decentralized Pictures and Bingeable.
Upon the closing of the transaction, unveiled at the Berlin Film Festival, Apx would hold “50 percent of Nws’ shares” and have two seats on the company’s five-member board of directors, the companies said.
Nws said it plans to use the proceeds from the deal “to support film financing, technology development and strategic acquisitions in the technology that supports media distribution through Web3,” a vision for a decentralized internet built on blockchain technology.
Apx, led by CEO Shelley Hammond, has struck a series of acquisition agreements, “bringing together production facilities, production slates, visual effects companies and distribution platforms.
Upon the closing of the transaction, unveiled at the Berlin Film Festival, Apx would hold “50 percent of Nws’ shares” and have two seats on the company’s five-member board of directors, the companies said.
Nws said it plans to use the proceeds from the deal “to support film financing, technology development and strategic acquisitions in the technology that supports media distribution through Web3,” a vision for a decentralized internet built on blockchain technology.
Apx, led by CEO Shelley Hammond, has struck a series of acquisition agreements, “bringing together production facilities, production slates, visual effects companies and distribution platforms.
- 2/22/2023
- by Georg Szalai
- The Hollywood Reporter - Movie News
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.