|
Post by The Ultimate Nullifier on Dec 18, 2013 8:53:42 GMT -6
The heirs of spaghetti Western maestro Sergio Leone are planning an IPO of the Leone Film Group to kick off Wednesday. The company is eyeing a listing on Milan’s small-cap market and, according to The Wall Street Journal, is hoping to raise about €17M with a sale of a 20% stake. The move is designed to help expand the company’s 400-title film library, its own production output and to sign more distribution agreements with U.S. filmmakers. The group has a deal with DreamWorks and also has picked up such recent titles as Ron Howard’s Rush and Martin Scorsese’s The Wolf Of Wall Street. Leone’s heirs, Andrea and Raffaella, are also looking to pitch their father’s brand to a younger audience. The pair has bought back rights to most of Leone’s movies and is now looking to make deals for spaghetti western-style areas in U.S. theme parks, the Journal report says. Attachments:
|
|