The business relationship between French outfit EuropaCorp and Chinese firm Fundamental Films is growing stronger. Having already been associates since 2012 via an exclusive co-production and distribution agreement for EuropaCorp’s films in China (which was extended for five years in 2015 and has covered titles such as Lucy [+leggi anche:
trailer
making of
scheda film], Taken 3 [+leggi anche:
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scheda film] and the blockbuster Valerian and the City of a Thousand Planets, currently in post-production – read the article), the two groups are now cementing their partnership. Indeed, through FF Motion Invest, Fundamental Films will become the second shareholder in EuropaCorp, investing €60 million to acquire 29.7% of the French group’s shares as it operates a capital increase. Once the transaction has been completed, Luc Besson will remain the number-one shareholder, owning 31.6%, as against the 43.8% he has currently.

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Furthermore, we should also mention that EuropaCorp has just announced a new project, with a fifth cinematic instalment of the Taxi franchise. This will be a complete reboot, as duo Franck Gastambide and Malik Bentalha (Pattaya [+leggi anche:
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scheda film]) will topline the cast, as well as penning the script (with the help of Ahmed Hamidi). The production will be staged by EuropaCorp and ARP Sélection.