Fremantle completed the acquisition of a majority stake in Element Pictures.

Fremantle, a British multinational television production and distribution company, completed the acquisition of a majority stake in Element Pictures, an operator of a film and television drama production company. Financial terms were not disclosed. “Element Pictures is 21 years old this year and it is incredibly exciting for us and our wonderful colleagues to be entering a new and ambitious phase of growth in partnership with our friends at Fremantle at a truly exhilarating time for our industry. We are huge fans of the people at Fremantle, their vision for the future and the extraordinary talent they are working with across film and television. Collaborating closely with Jen, Andrea, Lorenzo, Christian, Jens, and their brilliant team will allow us to build on and grow our existing relationships with the very best creators in the world and expand our capacity to make exceptional film and television drama for international audiences," Ed Guiney & Andrew Lowe, Element Pictures Founders.