
Neon in Talks to Sell Major Stake to Production Company Department M
Mike Larocca and Michael Schaefer are behind the company that was launched in 2024.
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Mike Larocca and Michael Schaefer are behind the company that was launched in 2024.

Neon, the Oscar-winning studio behind 'Parasite' and 'Anora,' is reportedly in talks to sell a significant stake to Department M, a production company founded by Mike Larocca and Michael Schaefer.