You will be redirected back to your article in seconds

Pacific Capital takes Senator stake

Scaglia fund expected to boost growth

BERLIN — Luxembourg investment fund Pacific Capital Sarl has acquired a 29.9% share in producer-distrib Senator Entertainment.

Senator chief exec Helge Sasse said the fund, headed by Italian investor Silvio Scaglia, would boost the Berlin-based company’s prospects.

“I’m very happy to welcome our new major shareholder Pacific Capital since Silvio Scaglia knows the media business and is well-known as a reliable investor who can provide a firm with long-term stability and potential for healthy growth.”

Pacific Capital looks for investment opportunities worldwide in both the public and private sectors.

Scaglia founded Italy’s second-largest telecom firm Fastweb in 1999, serving as its majority shareholder until 2007, when he sold it to Swisscom for Euros3.1 billion ($3.9 billion). He launched Pacific Capital the same year. Prior to Fastweb, Scaglia was CEO of wireless outfit Omnitel, now Vodafone Italy.

With its powerful new backer, Senator is sure to build on a stellar 2012 performance. The company became the leading independent distrib in Germany this year thanks to the stratospheric success of French comedy “The Intouchables,” which made $76.6 million at the box office in Germany. With its 10.6% market share, Senator ranked fourth behind Fox, Universal, Sony and Warner — and ahead of Disney and Paramount — between January and August.

Its upcoming releases include Frank Langella starrer “Robot & Frank”; Anton Corbijn’s John le Carre adaptation, “A Most Wanted Man,” with Philip Seymour Hoffman and Rachel McAdams; and “Happiness Never Comes Alone,” starring Sophie Marceau.

Senator more than doubled its revenue in the first half of 2012 to $34.4 million, achieving a net profit of $6 million.

The distrib has an output deal with Relativity Media in Germany and is in negotiations with the group to handle international sales for Relativity titles.

More Film

  • Lupita Nyong'o Harvey Weinstein

    Lupita Nyong'o Details Harvey Weinstein's Advances Toward Her in Op-Ed: 'I Felt Unsafe'

    BERLIN — Luxembourg investment fund Pacific Capital Sarl has acquired a 29.9% share in producer-distrib Senator Entertainment. Senator chief exec Helge Sasse said the fund, headed by Italian investor Silvio Scaglia, would boost the Berlin-based company’s prospects. “I’m very happy to welcome our new major shareholder Pacific Capital since Silvio Scaglia knows the media business […]

  • Harvey Weinstein

    Weinstein Co. Staffers Ask to Be Released From NDAs

    BERLIN — Luxembourg investment fund Pacific Capital Sarl has acquired a 29.9% share in producer-distrib Senator Entertainment. Senator chief exec Helge Sasse said the fund, headed by Italian investor Silvio Scaglia, would boost the Berlin-based company’s prospects. “I’m very happy to welcome our new major shareholder Pacific Capital since Silvio Scaglia knows the media business […]

  • AFM: Brenton Thwaites, Ben Robson Starring

    Film News Roundup: Brenton Thwaites, Ben Robson to Star in Thriller 'A Violent Separation'

    BERLIN — Luxembourg investment fund Pacific Capital Sarl has acquired a 29.9% share in producer-distrib Senator Entertainment. Senator chief exec Helge Sasse said the fund, headed by Italian investor Silvio Scaglia, would boost the Berlin-based company’s prospects. “I’m very happy to welcome our new major shareholder Pacific Capital since Silvio Scaglia knows the media business […]

  • The Snowman Trailer

    'The Snowman' Reviews: What the Critics Are Saying

    BERLIN — Luxembourg investment fund Pacific Capital Sarl has acquired a 29.9% share in producer-distrib Senator Entertainment. Senator chief exec Helge Sasse said the fund, headed by Italian investor Silvio Scaglia, would boost the Berlin-based company’s prospects. “I’m very happy to welcome our new major shareholder Pacific Capital since Silvio Scaglia knows the media business […]

  • Harvey Weinstein Quentin Tarantino

    Quentin Tarantino on Harvey Weinstein: 'I Knew Enough to Do More Than I Did'

    BERLIN — Luxembourg investment fund Pacific Capital Sarl has acquired a 29.9% share in producer-distrib Senator Entertainment. Senator chief exec Helge Sasse said the fund, headed by Italian investor Silvio Scaglia, would boost the Berlin-based company’s prospects. “I’m very happy to welcome our new major shareholder Pacific Capital since Silvio Scaglia knows the media business […]

  • 'Only the Brave' Taps Trump Digital

    'Only the Brave' Taps Trump Digital Guru Brad Parscale (EXCLUSIVE)

    BERLIN — Luxembourg investment fund Pacific Capital Sarl has acquired a 29.9% share in producer-distrib Senator Entertainment. Senator chief exec Helge Sasse said the fund, headed by Italian investor Silvio Scaglia, would boost the Berlin-based company’s prospects. “I’m very happy to welcome our new major shareholder Pacific Capital since Silvio Scaglia knows the media business […]

  • The Classics Film Festival unspools in

    Classics Film Fest Unspools in Colombia (EXCLUSIVE)

    BERLIN — Luxembourg investment fund Pacific Capital Sarl has acquired a 29.9% share in producer-distrib Senator Entertainment. Senator chief exec Helge Sasse said the fund, headed by Italian investor Silvio Scaglia, would boost the Berlin-based company’s prospects. “I’m very happy to welcome our new major shareholder Pacific Capital since Silvio Scaglia knows the media business […]

More From Our Brands

Access exclusive content