Mediawan backers KKR, Atwater Capital, Bpifrance, MACSF, and Société Générale all contributed to the financing of the new deal. Pitt will retain a minority stake in the firm, which was behind films like She Said and Moonlight and TV shows like The Underground Railroad and The OA. Mediawan said that it has acquired a majority stake in Plan B in a deal that reportedly values the studio in the low hundreds of millions of dollars. The latest move comes courtesy of Plan B Entertainment, the production company owned by actor Brad Pitt, which has been sold to French media conglomerate Mediawan, the companies announced Friday afternoon. Big stars, who have already amassed fame and fortune in front of the camera, are increasingly securing generational wealth for their work behind the camera. King of Thieves which was released in April of 2022 was the most successful of the three films raking over N320 million at the box office.The global economy might be on the brink of shambles, but the celebrity-entertainment industrial complex shows no sign of slowing down. ![]() Last year, the production company generated N376 million making it the second biggest production company of 2022.Īnthill was involved in the production of three movies in 2022 which include King Of Thieves The man of God and Hey You. Their distribution network spans cinema, inflight entertainment, streamers, and linear TV networks amongst others.Īnthill Studios is a movie production company owned by Niyi Akinmolayan, a Nigerian filmmaker who directed blockbusters such as The Wedding Party 2“ The Set Up Prophetess Day of Destiny and Elevator Baby. The company produced 12 movies in 2022 Some of which include, Dinner at My Place, The Blood Covenant Ile Owo The Order of Things Passport Battle on Buka Street Obara’m Ijakumo, among others.įilmone is an independent film entertainment company that distributes and provides a wide range of production facilitation services for premium Nollywood releases across the world. Being one of the major production and distribution firms in Nigeria, they collaborate with other production companies to ensure that a movie’s production and distribution go as seamlessly as possible. It’s important to note that some production companies partner to produce a film.įilmone Entertainment – 12 movies (N714m)įilmone ranks number 1 on the list of the top movies with the highest local box-office performance of the year at N714 million generated last year. The top three movie studios in Nollywood include Filmone Entertainment, Anthill, and Greoh studios, according to Comscore. Her previous movie ‘Omo Ghetto: the Saga’ (N636 million), held the record of the top-grossing movie. It also made the filmmaker the highest-earning in the industry. Nollywood movies have consistently peaked at the Box Office with Funke Akindele’s ‘Battle on Buka Street recently grossing over N650 million. This growth in market demand is led by the top movie production companies in Nollywood. ![]() In 2022, consumer spending on movies in cinema went up 46.41 percent from 2021 as the Cinema Exhibition of Nigeria (CEAN) reported that it generated N6.94 billion as revenue in 2022 from N4.74 billion in 2021. More people are going to the movies every year in Nigeria, despite the economic crisis.
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