Acquisition of Telepool GmbH.

Will Smith and director Marc Forster have teamed up to acquire Telepool GmbH, the German licensing and distribution company that is a major European player in theatrical and multi-platform distribution. Beyond that preexisting business, Telepool will become a development, financing and distribution partner for projects involving the duo. The acquisition was made by The Smith Family Circle, Will and Jada Smith’s Family Office, and Elysian Fields, a Zurich-based investment holding company co-founded by Forster. Purchase price was not disclosed.