American-European Media Fund Apx Group has completed the acquisition of a 50% stake in the UK’s Twickenham Film Studios.
The 120-year-old facility in South West London has hosted a slew of classic titles across its history including The Italian Job and A Hard Day’s Night, as well as big-budget productions such as Bohemian Rhapsody and Top Gun: Maverick more recently.
The acquisition is the latest major addition to Apx Group’s global network of studios ahead of its planned public listing on the New York Stock Exchange later this year.
Under the operation, Apx Group will rebrand its global network of studios with the Twickenham Studios name.
The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the US, all under the branding of Twickenham Studios.
The equity structure of this transaction was made together with Apx...
The 120-year-old facility in South West London has hosted a slew of classic titles across its history including The Italian Job and A Hard Day’s Night, as well as big-budget productions such as Bohemian Rhapsody and Top Gun: Maverick more recently.
The acquisition is the latest major addition to Apx Group’s global network of studios ahead of its planned public listing on the New York Stock Exchange later this year.
Under the operation, Apx Group will rebrand its global network of studios with the Twickenham Studios name.
The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the US, all under the branding of Twickenham Studios.
The equity structure of this transaction was made together with Apx...
- 3/13/2023
- by Melanie Goodfellow
- Deadline Film + TV
U.S.-Europe media fund Apx Group has acquired a 50% stake in London’s Twickenham Film Studios.
The move comes weeks after Twickenham Studios chair Sunny Vohra acquired a 6.95% stake in the Apx Group for more than $70 million, reflecting a market cap of $1.1 billion for Apx, which is planning a public listing on New York Stock Exchange later this year.
Apx and Twickenham did not disclose the financial value of the deal.
As part of the acquisition, Apx Group will rebrand its global network of studios with the Twickenham Studios name. The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the U.S., all under the Twickenham Studios brand.
The equity structure of the transaction is made together with Apx Group’s and U.K. partner and production arm Herd International Productions and the partners Shelley Hammond,...
The move comes weeks after Twickenham Studios chair Sunny Vohra acquired a 6.95% stake in the Apx Group for more than $70 million, reflecting a market cap of $1.1 billion for Apx, which is planning a public listing on New York Stock Exchange later this year.
Apx and Twickenham did not disclose the financial value of the deal.
As part of the acquisition, Apx Group will rebrand its global network of studios with the Twickenham Studios name. The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the U.S., all under the Twickenham Studios brand.
The equity structure of the transaction is made together with Apx Group’s and U.K. partner and production arm Herd International Productions and the partners Shelley Hammond,...
- 3/13/2023
- by Naman Ramachandran
- Variety Film + TV
New York and London-based American-European entertainment fund Apx Group has appointed Andy Capper as chief operating officer and head of North American operations.
He will oversee strategic and financial coordination of Apx’s North America activity as well as business activities across the European divisions. He will also oversee North American-originating financing activity, integrating Blockchain technology and new opportunities, especially those related to Apxcoin, which Apx launched in July.
Capper will also work closely with London production company Herd, which was formed earlier this year by Shelley Hammond, Ben Dillon, Hollie Richmond and Iggy Ellis, who merged Burning Wheel Productions and The Engine Room.
Herd is currently developing its slate of film and TV content, with the first production due to start shooting this winter.
Capper was previously at Vice Media, where he was chief editor and senior director, helping shape the Vice Media business philosophy. He helped start Vice’s U.
He will oversee strategic and financial coordination of Apx’s North America activity as well as business activities across the European divisions. He will also oversee North American-originating financing activity, integrating Blockchain technology and new opportunities, especially those related to Apxcoin, which Apx launched in July.
Capper will also work closely with London production company Herd, which was formed earlier this year by Shelley Hammond, Ben Dillon, Hollie Richmond and Iggy Ellis, who merged Burning Wheel Productions and The Engine Room.
Herd is currently developing its slate of film and TV content, with the first production due to start shooting this winter.
Capper was previously at Vice Media, where he was chief editor and senior director, helping shape the Vice Media business philosophy. He helped start Vice’s U.
- 8/22/2022
- by K.J. Yossman
- Variety Film + TV
Click here to read the full article.
Film and TV investment fund Apx Group, alongside its newly formed U.K. division Herd International Productions, has unveiled a major deal with Portugal’s Moviebox Group to create a joint-venture subsidiary it claims will have an overall budget of 1 billion euros (1.018 billion) to invest in productions over seven years.
Held in equal partnership between Apx and Moviebox, the division will focus on content from Portugal and the Iberian Peninsula, with all projects to be completed as co-productions with the ability to also utilize the network of facilities held under the Apx Group banner across Europe, United States and the U.K. The structure of the financing will be streamlined through the newly-formed company and, due to the close business ties between the U.K. and Portugal, will be managed day-to-day by Herd International Productions, set up by founders of Burning Wheel Productions and The Engine Room,...
Film and TV investment fund Apx Group, alongside its newly formed U.K. division Herd International Productions, has unveiled a major deal with Portugal’s Moviebox Group to create a joint-venture subsidiary it claims will have an overall budget of 1 billion euros (1.018 billion) to invest in productions over seven years.
Held in equal partnership between Apx and Moviebox, the division will focus on content from Portugal and the Iberian Peninsula, with all projects to be completed as co-productions with the ability to also utilize the network of facilities held under the Apx Group banner across Europe, United States and the U.K. The structure of the financing will be streamlined through the newly-formed company and, due to the close business ties between the U.K. and Portugal, will be managed day-to-day by Herd International Productions, set up by founders of Burning Wheel Productions and The Engine Room,...
- 8/3/2022
- by Alex Ritman
- The Hollywood Reporter - Movie News
Click here to read the full article.
Film and TV investment fund Apx Capital Group has teamed with the production companies behind the Danny Boyle-produced music biopic Creation Stories to form a new U.K. and European arm.
As part of the deal, Herd Productions, which was set up by the founders of Burning Wheel Productions and The Engine Room, will merge into a subsidiary of Apx in the U.K. and become an internal division of the company. Financial terms of the deal weren’t disclosed.
Herd will be managed by Shelley Hammond (Creation Stories), Hollie Richmond (Creation Stories), Ben Dillon (Angel has Fallen, X-Men: First Class) and Iggy Ellis (Notes on a Scandal). According to the company, a starting budget of 100 million euros (105 million) has been allocated for film and TV projects to be completed as co-productions between Apx’s network in Europe and the U.K.
Film and TV investment fund Apx Capital Group has teamed with the production companies behind the Danny Boyle-produced music biopic Creation Stories to form a new U.K. and European arm.
As part of the deal, Herd Productions, which was set up by the founders of Burning Wheel Productions and The Engine Room, will merge into a subsidiary of Apx in the U.K. and become an internal division of the company. Financial terms of the deal weren’t disclosed.
Herd will be managed by Shelley Hammond (Creation Stories), Hollie Richmond (Creation Stories), Ben Dillon (Angel has Fallen, X-Men: First Class) and Iggy Ellis (Notes on a Scandal). According to the company, a starting budget of 100 million euros (105 million) has been allocated for film and TV projects to be completed as co-productions between Apx’s network in Europe and the U.K.
- 6/20/2022
- by Alex Ritman
- The Hollywood Reporter - Movie News
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