Deadline… Mike Larocca and Michael Schaefer’s Department M has closed a transaction to acquire a majority stake in multi Oscar- and Cannes Palme d’Or-winning studio Neon. The deal, in addition to infusing capital to Neon’s expanding operations,…
Category: Department M
Variety… Department M has closed a transaction to acquire a significant stake in Neon, the Oscar-winning indie studio behind “Parasite” and “Anora.” Financial terms of the deal were not disclosed. Tom Quinn, the founder of Neon and an in…