EXCLUSIVE: Fox Entertainment has acquired MarVista Entertainment, the prolific independent studio which produces and distributes original movies for traditional and streaming networks worldwide. No…
The films, which had been commissioned prior to Fox and MarVista’s acquisition talks, have done well on the streaming service whose original programming strategy is built around movies.
“And so, what the next capability that Fernando and the team filled so well was to have a strategic, forward-looking production and distribution entity that is globally respected,” Collier said in an interview with Deadline. “We looked at the marketplace. We spoke to a number of players. We wanted something that had a disciplined approach and was right-sized.”
Fox will explore implementing MarVista’s nimble and efficient approach to development and production to try to improve production operations company-wide. Additionally, the network will be getting access to MarVista’s next-generation talent pool of first-time storytellers, creators and directors that the company often employs for its movies.
When Fox called to throw their hat into the ring, Szew had dinner with Collier. “Meeting him at that first dinner, it was very clear to me that I was going to hopefully — which is now confirmed — join a very like-minded company with a very entrepreneurial spirit and forward thinking, and that would allow us to continue to be nimble and be our best selves,” Szew said.
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