Fremantle Set to Acquire Asacha Media Group
variety.comK.J. Yossman Fremantle has inked a deal to acquire Asacha Media Group from Oaktree Capital Management L.P. Paris-headquartered Asacha houses eight labels in the U.K., France and Italy including Stand By Me, Arrow Media and Kabo Family.
Co-Founder and group CEO Gaspard de Chavagnac will continue to run the company, reporting to Fremantle’s group COO and CEO for continental Europe Andrea Scrosati.
Scrosati spearheaded the acquisition (which is subject to closing conditions) as part of Fremantle’s investment strategy. Asacha’s labels will report to de Chavagnac, who founded Asacha in 2020 alongside Marc-Antoine d’Halluin and Marina Williams.
In just a few years the company has become one of Europe’s leading television and film production groups. Its output includes “Death in Paradise,” “Mare Fuori,” “Saimt Omer” and “Magic of Disney‘s Animal Kingdom,” among other fare.
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