Paris, April 24th, 2013 – Bryan, Garnier & Co, the independent pan-European investment bank focused on European growth companies, today announced it has advised Pinewood Shepperton on its 50/50 Joint Venture with Seven Stars Media.
Pinewood Shepperton Plc, a leading UK based provider of
services to the global film and television industry and owner of Europe’s
largest film studio, has signed a 50/50 Joint Venture agreement with Seven
Stars Media Limited, part of one of China’s leading private media groups, which
provides content creation and distribution and is controlled by entrepreneur
Pinewood, which is home to the James Bond films,
operates studios in the UK, Canada, the Dominican Republic, Germany and
Malaysia. To date over 1,500 productions have used the facilities or services
provided by Pinewood.
The Joint Venture, which will initially focus on assessing
business proposals in the rapidly growing Chinese entertainment industry, will
be called ‘Song Lin’.
Through the partnership the two parties intend to: provide
co-production opportunities for film and TV producers; create film and TV
diploma courses to be delivered by UK educational institutions in Beijing,
Tianjin and four other cities, develop production financing and related
services for Chinese film and TV productions; establish a series of film themed
entertainment venues in Shanghai and regionally; and create film themed
projects in Beijing, Shanghai and Wuhan.
Ivan Dunleavy, CEO at Pinewood, said: "The Chinese market for content is the fastest growing in the
world and taking Pinewood’s experience and skills to that market in partnership
with such an established and successful local partner is a truly exciting
prospect. The joint venture brings together two companies with significant
experience and will provide a conduit for film and television productions to
maximise their impact in China. The
partnership with Seven Stars, under Bruno Wu’s direction, represents a
strategic step forward for Pinewood's international development. If successful,
the joint venture could provide significant opportunities for UK film and
Bruno Wu, Chairman and CEO at Seven Stars, said: "Together with Pinewood, we have
identified a significant number of business opportunities for the short, medium
and long term. The joint venture will aim to improve the standard of media
production, create co-production opportunities for Chinese producers and export
Chinese film and television content overseas. Our local knowledge and scale
combined with Pinewood's unique operational skills and international reputation
will enable our joint venture to participate in China's content
UK Prime Minister David Cameron showed his support as well,
commenting that: “It’s great to see
Pinewood Studios expanding its business with the announcement of its joint
venture with Seven Stars Media. The creative industries are a rapidly growing
area of China’s economy and will increasingly provide huge opportunities for UK
companies competing in the global race.
Pinewood is leading the way, taking advantage of China’s thriving
entertainment and media sector and building on Britain and China’s growing
Robert Pfeiffer, Managing Director - Media Team at Bryan,
Garnier & Co, added: “We are
delighted to have connected and advised Pinewood Studios and Seven Stars Media
on this transformational partnership.”
For more information, please contact:
Robert Pfeiffer, Managing Director – Media Team / +44 207 332 2539 / firstname.lastname@example.org
Talvitie – Corporate Finance / +44 207 332 2514 / email@example.com
About Pinewood Shepperton
Pinewood is a leading provider of studio and
related services to the worldwide film and television industries. The company
provides services to support film production, filmed television and studio television
recording, digital content services and facilities for media related
The Group, which is home to the James Bond films, operates studios in the UK, Canada, the Dominican Republic, Germany and Malaysia. To date over 1,500 productions have used the facilities or services provided by Pinewood.
About Seven Stars Media
Seven Stars is one of the largest and fastest growing media
conglomerates in China, with operating subsidiaries and joint ventures in Hong
Kong, Europe, UK and the United States. The company’s founder and Chairman
Bruno Wu has been a leading figure in the international entertainment industry
for over a decade.
About Bryan, Garnier & Co
Bryan, Garnier & Co is an independent investment bank specializing in European TMT, Healthcare and Renewable Energies growth companies. Bryan, Garnier & Co is positioned in three activities: Equity Research & Brokerage, Asset Management and Corporate Finance.
With more than 150 professionals based in London,
Paris, New York and Geneva, Bryan, Garnier & Co combines the range of
services and the expertise of top-tier investment banks with the level of
attention to clients of a boutique.
Through its corporate finance practice, Bryan,
Garnier & Co has became a leader in advising European growth companies on
strategic finance transactions such as mergers & acquisitions, equity
capital market, LBOs and private placement over the last three years.
Bryan, Garnier & Co is authorized and regulated
by the Financial Services Authority (FSA) in the United Kingdom, and is member
of London Stock Exchange and Euronext, Alternext Listing Sponsor, and is active
on all European capital markets.