China’s Bliss Media has acquired a stake in Insiders, the company launched by Wild Bunch’s Vincent Maraval and Cine France last year with the partnership of CAA. The company was intended to to drive higher profile, English language fare such as Michael Mann’s passion project Enzo Ferrari.
Insiders is headed by Vincent Maraval, who also heads up international sales and financing at Wild Bunch. With bases in both Shanghai and LA, Bliss Media is a production, financing and distribution outfit. It has already co-financed a number of Insiders projects, including the Natalie Portman-starrer Jackie, about Jackie Kennedy’s struggle to secure her late husband U.S. President John F. Kennedy’s legacy in the days immediately after his assassination, Bliss is also on-board Mann’s Enzo Ferrari, which Paramount Pictures has for the US and select international territories.
The deal gives Insiders a much needed capital injection to pursue high profile projects. Insiders will also handle international sales on English and Chinese-language films financed and produced by Bliss.
“This furthers our goal of becoming a Chinese film company with the ability to distribute globally,” said Bliss Media managing director and CEO Wei Han. “Our interest in Insiders will strengthen the alliance of Bliss Media in the international film industry, as we seek cooperation and expansion in markets outside of China.”
Bliss Media was founded by Wei Han. Han along with and Youzu Interactive founder and chairman Lin Qi recently launched the $100m YooZoo Bliss Film Fund (YZBFF) with Bliss Media and YooZoo Pictures, with the intention of financing ten international and Chinese co-pros over the next five years.
CAA brokered the deal on behalf of Bliss Media and Insiders.
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