Charlie Collier and Fernando Szew
Fox Entertainment has acquired MarVista Entertainment, a global leader in made-for-platform original content, it was announced today by the CEO of Fox Entertainment, Charlie Collier, and MarVista’s CEO and Founding Partner, Fernando Szew.
Based in Los Angeles and established in 2003, MarVista ranks among the world’s leading independent studios, with nearly two decades at the forefront of developing, producing and distributing made-for-platform movies for partners in the United States and abroad. Under Szew’s leadership, the studio has developed an extensive and efficient infrastructure with best-in-class practices, operating systems and production models powering an average of 80 titles annually across all genres; holds deep global distribution expertise and reach; and has built a robust catalog of owned content with more than 2.500 hours of programming. MarVista also is a top global producer of holiday-themed content.
MarVista will continue to be led by Szew and his team. Szew will report to Fox Entertainment’s President of Production Strategy and Operations, Stefan Reinhardt. MarVista will focus on developing and producing content for Fox’s digital platforms, including the ad-supported video-on-demand service Tubi, which continues to experience meaningful growth as a centerpiece of Fox’s ambitious digital expansion strategy. The studio will also continue to work with its deep and growing roster of third-party buyers and co-production partners, while distributing its content globally.
“Fernando and his team have built a globally respected studio with a track record of prolific creative output, a vast library of owned titles and an efficient approach to production that’s admired industry-wide. With these key strategic advantages, acquiring and investing in MarVista aligns perfectly with Fox Entertainment’s long-term vision for streaming and diversifying our in-house capabilities and infrastructure, as we expand our portfolio. Across the board, MarVista boasts a wonderfully talented team, which we happily welcome to our fast-growing organization,” Collier said.
“I am very excited by the opportunity to further scale MarVista with the leadership, resources and entrepreneurial spirit of Fox Entertainment. As the content distribution landscape has evolved and become more ubiquitous and sophisticated, we are proud of the uniqueness of MarVista’s innovative practices and offerings and expect to propel our growth as part of Fox Entertainment. As always, we will continue to create meaningful opportunities for filmmakers and talent, and maintain our leading position as go-to partners for the growing and diverse networks and platforms on a global basis. This is an incredible new chapter for MarVista and our passionate team,” Szew added.
“Amplifying our in-house expertise with MarVista’s vast production know-how and bandwidth will create significant long-term value across Fox Entertainment, especially as we continue to build a library of high-quality, original content and enhance our ability to support even more third-party productions,” Reinhardt concluded.