Fremantle to acquire a 70% stake in Lux Vide.

Fremantle, a creator, producer, and distributor of premium content, agreed to acquire a 70% stake in Lux Vide, a producer of television content. Financial terms were not disclosed. The Lux Vide collaboration with Fremantle confirms our long-term global strategy and international vision. We are excited to now be joining forces and partnering with Andrea Scrosati, who we have built a much valued and trusted relationship over many years, and the incredibly talented Fremantle team. The synergies between the two companies are clear to see and everyone within the Lux Vide team are looking forward to embracing this new partnership and the many opportunities it represents to us all," Luca Bernabei, Lux Vide CEO.