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Fox Entertainment to acquire MarVista Entertainment

Y2kTheNewOldies

Y2kTheNewOldies


EXCLUSIVE: Fox Entertainment has acquired MarVista Entertainment, the prolific independent studio which produces and distributes original movies for traditional and streaming networks worldwide. No one would comment but sources pegged the value of the deal at over $100 million.

The acquisition, spearheaded by Fox Entertainment CEO Charlie Collier and MarVista CEO and Founding Partner Fernando Szew, gives Fox production capabilities in the live-action scripted space to complement its production capabilities in unscripted via the in-house Fox Alternative Entertainment and in the animated scripted arena via the acquisition of Bento Box.






In addition to a production infrastructure which is supporting a bustling pipeline of roughly 80 titles annually across all genres, MarVista is bringing its business model for efficient production, an established global distribution operation as well as a catalogue consisting of more than 2,500 hours (about 750 titles) of owned programming, including a deep roster of holiday movies.
Click to expand...

Fox Entertainment is getting content from Marvista too boost attention to the Tubi app.
 
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