The French group StudioCanal has acquired a 51% stake in Italian distribution and production company Lucky Red, marking another step in the ongoing consolidation of the European audiovisual market.
The news was reported by Variety, which highlighted that Lucky Red — a leader in the distribution of independent films in Italy and also active in film and TV production and sales — was among the few significant Italian companies that had not yet been acquired by a larger international group.
The deal strengthens StudioCanal’s expansion strategy in Europe and consolidates its presence in one of the key territories for independent cinema, opening the door to new opportunities for international collaboration and co-production.
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