After curating an IPO that didn't happen, Jérôme Seydoux's honorable French studio Pathé welcomed new shareholders Rodolphe Saadé, Rodolphe Saadé, Rodolphe Saadé, a French-Lebanese transport billionaire who won a 20% stake in the company through his family Holding France France France France France.
Saadé also operates CMA CGM, the world's third largest container transport company, which also recently incorporated 10% of France's second largest commercial network M6 and daily La Provence into Brut and invested in Brut, an influential digital media publisher Brut, one of the main partners of Cannes Film Festival.
Pathé just held the banner year for the Count of Monte Cristo, the second largest box office in France in 2024, and staged the opening film "Leaving a Day" at the Cannes Film Festival, the debut of Amelie Bonnin's book, and Martin Bourboulon's "13 Days" on the night of the 13th. ”
The company, led by Ardavan Safaee, has been increasing the production of ambitious films tailored for the theater and has opened premium venues in multiple locations. The company is behind France's largest film chain and operates in Africa, with plans to expand its scope of activities. Getting Saadé on board will provide them with financial efforts to continue financing large budget films such as "The Monte Cristo" and "The Husketeers." Since 2023, Pathé has also entered into a three-year co-production and co-financing agreement with Logic Images to fund its pipeline and limit risks.
“In a rapidly changing macroeconomic and industrial environment, this deal is designed to enable Pathé to accelerate its means of development, especially in the production of films and series with an international focus and the modernization of its film network in order to provide customers with high-end and innovative experiences in Europe,” said a joint statement held by Pathe and Saadé. Pathé declined to provide financial details about the transaction.
"The arrival of the THAAD family as partners will accelerate the development and modernization of Papa," Sedox said.
"This will also allow us to continue to work with talented people we value and to find those who share our ambitions and hope to achieve international success," Seydoux continued.
Meanwhile, Saadé describes Paé as "a leading brand for film lovers in France and around the world."
“We are committed to contributing to the development of the industry and promoting French film culture globally.”