LONDON — French major Pathe has restructured its U.K. film company following its successful bid for a six-year lottery franchise to produce British movies.
The company’s British distribution arm Guild Pathe Cinema is being renamed Pathe Distribution, headed by Nick Hill as managing director. This will come under the umbrella of a new holding company called Pathe Entertainment, led by managing director Alexis Lloyd.
Thus Lloyd remains the head of Pathe’s U.K. interests while taking a step back from the day-to-day running of the distribution business in order to concentrate on production and acquisitions.
The company’s production arm, Pathe Prods., will continue its existing activities under Lloyd and Timothy Burrill.
Meanwhile, the lottery franchise will be operated by the newly formed Pathe Pictures, in which Pathe is the leading shareholder alongside partners including Canal Plus and BZW.
The precise management structure of Pathe Pictures is currently being hammered out in negotiation with the Arts Council, which is responsible for the lottery franchises. Pathe Prods. is one of several production companies affiliated with Pathe Pictures, while Pathe Distribution will handle the U.K. release of franchise movies.