Vuelta Group Buys German Producer Telepool From Will Smith & Jada Pinkett Smith’s Westbrook Inc.
deadline.comEuropean production and sales studio Vuelta Group has bought German producer Telepool from Will Smith and Jada Pinkett Smith’s Westbrook.
The deal, struck through Vuelta subsidiary SquareOne, will see a combined business operating under the SquareOne banner. SquareOne and Vuelta Group Germany CEO Al Munteanu will lead the banner, with Michael Heyd serving as CFO and COO.
Financial terms of the deal weren’t disclosed, but the combined group will boast a library of over 1,200 titles such as Drive, Intouchables, Olympus Has Fallen, Transporter 3 and the recently released One Life.
It will form part of the growing Vuelta Group, which in July last year we revealed had formed through the acquisitions of SquareOne, Paris-based international sales firm Playtime Group and Nordic distributor-producer Scanbox.
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