Mediawan in Advanced Talks to Acquire Peter Chernin’s North Road Company

Key Highlights

• Chernin, a longtime media investor and former chairman of Fox, and his assets have been bandied about in the rampant mergers and acquisitions craze that has consumed Hollywood in recent years.
• His goldilocks moment seems to have arrived in Mediawan, the French studio that’s been quietly building a strong portfolio through equity investments in companies like Brad Pitt’s Plan B (“Adolescence,” “F1”) and the British shop See-Saw (“Slow Horses”).
• Related Stories Alpha Violet Boards Fernanda Tovar's 'Sad Girlz' Ahead of Berlin World Premiere (EXCLUSIVE) Joaquín del Paso’s Berlin Panorama Title ‘The Garden We Dreamed’ Swooped on by M-Appeal for World Sales (EXCLUSIVE) Financials surrounding the pending deal were not immediately known, though insiders said North Road’s valuation is well north of $500 million.
• A timeline for the transaction close was vague, though two individuals familiar with the deal said the deal would be papered in the coming weeks.
• Mediawan and The North Road Company had no comment on the matter.