France-based film and TV group Mediawan is in talks to buy a significant stake in US production company Plan B, according to reports.
Plan B, run Brad Pitt, Jeremy Kleiner and Dede Gardner, was recently reported to have hired investment bank Moelis & Co to explore a sale. Bloomberg and other US media outlets now suggest that Mediawan, with backing from Wall Street investment company KKR & Co, is the front runner among several potential investors.
Both Plan B nor Mediawan have been contacted for comment.
Founded in 2001, Plan B is known for films including Moonlight, 12 Years A Slave and current releases Blonde and She Said.
Mediawan, launched in 2015, has been pushing into film and TV production and distribution with more than 60 production labels in France, Germany, the UK, Italy, Spain and the US.
The fast-growing studio recently agreed to back Blue Morning Pictures, a France- and US-based production company headed by French filmmaker Florian Zeller and former CAA executive Federica Sante-Rose. Last year, in conjunction with Leonine Studios, Mediawan acquired a majority stake in UK production outfit Drama Republic.
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