Studiocanal Takes Majority Stake In Italian ‘Sentimental Value’ & ‘Yellow Letters’ Distributor Lucky Red

Vivendi-owned pan-European production and distribution house Studiocanal has acquired a 51% stake in top indie Italian distributor Lucky Red. Italian cinema trade Cinematografo.it reported that company CEO Andrea Occhipinti had sold 40% of his 89% controlling stake in the company for €20.8M ($24.56M). Under the operation, minority shareholders, Head of Marketing and Communications Valerio Scarinci […]

By Melanie Goodfellow