Audiovisual production and distribution company Newen Studios is extending and strengthening its strategic agreement with European producer and financier Anton. The agreement supports Newen Studios’ audiovisual financing, co-production and distribution activities and will now extend to feature film.
Anton’s continued investment will provide Newen Studios with a global budget of €50 million (a 40% increase) to co-invest in the distribution rights of audiovisual and film projects. This agreement will allow Newen Studios to expand even further to meet the growing demand for quality content. Included in the upcoming slate of projects is the prestigious Kevin Macdonald documentary about high-fashion designer John Galliano.
Anton first partnered with Newen Studios in 2019 to co-invest in Newen’s distribution rights for the group’s productions, as well as for third party programs, across all genres.
“Newen Studios leads the way in global content. The continuation of our partnership with them affirms our belief in their vision, creativity and commercial prowess,” commented Sébastien Raybaud, Anton’s Founder and CEO.
“The extension of the agreement with Anton testifies to the successful dynamic achieved by Newen Studios. Numerous projects have been co-financed with Anton over the past two years. With this new partnership, our scope will now include cinema, a genre that the group has been supporting even more since the integration of TF1 Studio,” added Romain Bessi, Managing Director of Newen Studios.