Independent production company Nevision has acquired a majority stake in French financing and distribution company About Premium Content.
The two companies will remain independent of each other and will continue to work with outside producers and distributors, but there will be opportunities for Nevision and APC to collaborate on specific projects. The deal will give Nevision a strengthened presence in Europe and will bring increased support and funding access to APC.
Following this acquisition, APC will continue to be run by joint CEOs and founders Emmanuelle Guilbart and Laurent Boissel. The company’s new advisory committee will be chaired by Nigel Pickard who recently joined the Nevision board, and will also include APC principals Guilbart and Boissel, along with Nevision’s James Cabourne, Keith Evans and Tim Buxton.
“We are excited to be broadening our footprint in Europe through our deal with APC. During its first 18 months of existence, APC has managed to build an impressive business as well as a fine library of worldwide distribution rights in scripted, kids and factual productions”, said James Cabourne, Executive Chairman of Nevision. “We look forward to supporting APC’s future growth and working together to develop an active slate of quality programming for a global audience.”
“Our agreement with Nevision provides us with significant funding support for further expansion of our fast-growing business, as well as additional expertise in development and co-production of international TV projects, namely in the English-speaking marketplace”, added Guilbart and Boissel. “Our choice of Nevision as our partner was motivated not only by the great quality of its team but also by its forward looking nature due to James’ impressive track record and strong entrepreneurial values. In our eyes it was critical that we could still operate as an independent and enterprising unit serving the needs of independent TV content creators.”