The yearly financial report will be unveiled in late February. Gaumont plans to do four or five in-house movies per year going forward, as Dumas told French trade Le Film Francais. The company is believed to have around 12 shows in various stages of production set up at streamers, said a senior source. This year, it has a few titles lined up, including “Tout Simplement Noir,” a comedy directed by Jean-Pascal Zadi and John Waxxx, and “Rogue City,” a crime thriller directed by Olivier Marchal starring Jean Reno. Variety and the Flying V logos are trademarks of Variety Media, LLC. London-based firm S.W. It is produced by the same team behind World Screen the leading source of information Shapiro was in charge of spearheading sales of the Gaumont Television catalogue, including drama and animation series, as well as French shows.

Other shows, including Netflix’s “Arsene Lupin” with Omar Sy, originate from the company’s European outpost.Gaumont’s drastic cuts out of the U.S. are set against a troubling financial period for the business. Gaumont Television (sometimes written as GIT or GITV) is an American television division of the French Gaumont. A chunk of those losses were attributed to the delayed delivery of season five of “Narcos,” which will be taken into account during the second half of 2019. However, of this batch, only one stems from the U.S. operation: “El Presidente,” a true crime series exploring the FIFA corruption scandal produced with Fabula (“A Fantastic Woman”). In the last few years, the company got few greenlights away in the U.S. apart from the Spanish-language series “El Présidente.”The rise of streamers and the accompanying competition among U.S. producers to secure shows has also made it more difficult for Gaumont to consistently grow its business Stateside.Seeking to expand its production scope beyond the U.S. and across Europe, Gaumont launched operations in the U.K. and Germany in 2018 from scratch and hired key executives in both offices, but both entities have yet to deliver. Read Next: ‘Padrenostro’: Film Review: An Intermittently Rewarding Exploration of a Child’s Trauma Gaumont As it continues to grow internationally, Narcos producer Gaumont is set to open a new London-based television subsidiary this coming August. Nearly three years after leaving the company, the executive sued her former employer in Feb. 2018 for millions of dollars in contested profit participation. TV Drama is exclusively devoted to the business of international drama series and specials.


Mitchell Capital LLP and the French outfit HMG Finance have 2.44% and 2.24% stakes, respectively.
Gaumont filed a cross complaint in June 2019 alleging that O’Connell Marsh breached her termination agreement and wrongfully disclosed the company’s trade secrets to its detriment.During its heyday, Gaumont’s U.S. biz alone brought in €40.7 million, which represented one-fourth of Gaumont’s revenues. A recent executive shuffle in the Paris headquarters may reflect this strategic shift, according to several sources.The company is chaired by Dumas, who owns 89.7% of the company’s shares. Back in France, Gaumont is also looking to ramp up in-house production to control all rights to the films it produces and draw more upside.

The banner, which is listed in the French stock exchange, issued a profit warning last week. Gaumont declined to comment. Vanessa Shapiro, Gaumont’s president of worldwide TV distribution and co-production, talks about the nuances of bringing projects together, windowing and more with TV Drama. Other leading shareholders are from the U.S., notably New York-based firm First Eagle Investment Management LLC with 15.8%, and the Los Angeles-based Capital Research & Management Co. with 2.6%. Shapiro’s exit comes as Gaumont Television pivots to focus increasingly on streaming partners – a move that has lowered its commercial prospects for international distribution. EXCLUSIVE: Gaumont, the French production company behind Netflix shows Narcos and F Is For Family, is in the early stages of adapting Gaston …

Gaumont, the once thriving French studio behind “The Intouchables” and “ Narcos,” is set to rejig its film and TV strategy as it anticipates heavy losses in 2019. view all.


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