Pathé, a French film producer and cinema operator, has sold a 20% share in a strategic collaboration with Merit France – the investment firm owned by the Saadé family, prominent French-Lebanese business tycoons in logistics.
Financial details of the deal, unveiled on Monday, weren’t disclosed.
In an economy and industrial world rapidly changing and brimming with possibilities, this deal is designed to provide Pathé with the necessary tools to speed up its expansion, especially in the creation of globally-focused films and TV shows, as well as updating its cinema network to deliver a top-tier, cutting-edge experience that outshines anything in Europe. The company announced that this strategic alliance allows Rodolphe Saadé and his family to expand their investments into the cultural domain.
On the eve of the 78th Cannes Film Festival’s opening, news about the deal broke on Monday. The movie, titled “Leave One Day,” directed by Amélie Bonnin for Pathé, will be showcased. The film features an impressive cast that includes Juliette Armanet, Bastien Bouillon, François Rollin, Tewfik Jallab, Dominique Blanc, Mhamed Arezki, Pierre-Antoine Billon, and Amandine Dewasmes.
The story revolves around a woman named Cécile who is about to make her dream of opening a gourmet restaurant come true. However, she must return to her childhood village due to her father’s heart attack. A synopsis reveals that in the tranquil countryside away from Paris, she reconnects with her childhood sweetheart, stirring up old memories and causing her once certain plans to falter.
Jerome Seydoux, head of Pathé and grandfather of actress Lea Seydoux, expressed: “Inviting the Saadé family as a partner will speed up the expansion and modernization of Pathé. This collaboration will also enable us to carry on working with our esteemed talent and draw in those who align with our aspirations and seek global achievement.
Saadé praised Pathé as “an iconic brand for movie enthusiasts, not only in France but also globally.” He further stated, “We are dedicated to fostering the growth of the film industry and championing French cinematic art across the world.
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2025-05-12 15:55