Luc Besson’s EuropaCorp has launched an LA-based acquisitions arm to be run by Federica Sainte-Rose. As Head of Worldwide Acquisitions she will report to EuropaCorp CEO, Christophe Lambert. Also joining the department is former FilmNation exec John Zois as Director of Worldwide Acquisitions. The move to create a new division is part of Europa’s deeper push into the domestic U.S. market. It follows Europa’s deal with Relativity under which it bought into a joint venture, Red, giving it access and better control of the distribution of its movies. At Cannes, the Euro studio also unveiled a five-year, $450M JPMorgan-led credit facility to fund production and P&A for a slate of eight English-language commercial films released through that jv. That was a few months after it hired Lisa Ellzey as EVP of U.S. Motion Picture Production. The new acquisitions team will focus on films for domestic distribution through Red, as well as multi-territory film rights including France. They’ll be on the ground in Toronto.
Prior to joining EuropaCorp, Sainte-Rose was part of Universal’s worldwide acquisitions team and previously was Head of Acquisitions for Studiocanal. Lambert said today, “We are excited to welcome this amazing acquisitions team to the studio. EuropaCorp is becoming a new distribution alternative for filmmakers, who will benefit from close interaction with world class acquisitions and production executives as well as a robust marketing and distribution infrastructure both domestically and internationally.”