Wild Bunch AG, the pan-European film and TV group co-founded by Vincent Grimond, Brahim Chioua and Vincent Maraval, has secured a €35 million ($40 million) credit line from Germany’s Commerzb…
AG, the pan-European film and TV group co-founded by Vincent Grimond, Brahim Chioua and Vincent Maraval, has secured a €35 million credit line from Germany’s Commerzbank.that the new credit line will be used by the banner to continue ramping up its production activities, increase its investment in TV series and support its digital distribution business. The credit will mature in October 2022.
While the outfit is no longer directly involved in international sales of movies, Wild Bunch is still handling distribution in France, Italy, Spain, Germany and Austria. Its next few releases planned in France include “Beasts Clawing At Straws,” a feature debut by South Korean helmer Kim Young-hoon on July 8, and Keith Thomas’s “The Vigil,” a horror film produced by Blumhouse on Aug.5.
“This loan is the result of the excellent cooperation with the film specialists of the Commerzbank media team. We are very pleased about the trust that Commerzbank has placed in us as one of the largest film and media financiers in Europe has shown,” said Vincent Grimond, the CEO of Wild Bunch AG.
In the last couple years, Wild Bunch has been expanding its footprint in the premium drama landscape across Europe, most recently with the launch of Italy’s BIM Production. The group already boasts Senator Film Produktion, Wild Bunch SA, Wild Bunch TV and Vertigo Films in Spain.
International sales of films are now being handled by Vincent Maraval’s standalone banner Wild Bunch International with is backed by CAA Media Finance. The capitalistic link between Wild Bunch and Wild Bunch International is unclear, although both Maraval and Chioua are shareholders in both companies. Wild Bunch International has six films in this year’s Cannes Official Selection, notably Maiwenn’s anticipated “DNA” .
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