×
You will be redirected back to your article in seconds

Darren Throop, president, CEO & Patrice Theroux, president, filmed entertainment, Entertainment One

Dealmakers Impact Report 2012: Corporate Strategists

When Entertainment One agreed to buy Canadian rival Alliance Film for $225 million in September, it certainly knew the property because Theroux had worked at Alliance for 18 years. The acquisition — which is conditioned on regulatory approvals — will boost eOne’s box office market share for Canada to around 20% because of Canadian output deals with top Hollywood indies, a percentage comparable to that of a Hollywood major. Theroux, who joined eOne in 2007, says, “I knew the company, but the due diligence is the same as always, with the verification of key contracts,” even though eOne already had an understanding of the Alliance business. Word of the merger talks leaked out early, which “wasn’t helpful,” according to Throop. The acquisition is partly financed by a $176 million sale of newly issued eOne stock, also in September, to existing shareholders via the London Stock Exchange. This, says Throop, shows that the investment community has confidence in the Alliance deal. With a foundation in music, eOne built its movie/TV business around the world through nine key acquisitions over six years. Throop says that eOne always looks for solid management and eOne’s good track record of digesting acquisitions often opens the doors.

Outside the office: Throop: hunting and fishing. Theroux: fly fishing and bicycling

Top cause: Throop: assistant coach for his two daughters’ ice hockey team; Theroux: women’s shelter in Toronto.

Popular on Variety

More Scene

  • Chrissy TeigenBaby2Baby Gala, Arrivals, 3Labs, Los

    Chrissy Teigen Receives Giving Tree Award at 2019 Baby2Baby Gala

    Chrissy Teigen accepted the “Giving Tree” Award at the 2019 Baby2Baby Gala on Saturday with a speech chockful of her trademark humor and humility. Upon receiving a standing ovation, Teigen laughingly told the star-studded crowd to sit down, joking that she is more accustomed to receiving an accolade for “Best Titties” at the Spike TV [...]

  • Co-host Rita Moreno performs on stage

    Rita Moreno's Role in New 'West Side Story' Is More Than a Cameo: 'It’s a Real Part'

    During her live show, “An Evening with Rita Moreno,” Saturday night, Rita Moreno told the audience she will have a “real” role in next December’s “West Side Story” remake, which recently wrapped shooting, and that she initially had concerns about the film’s production. “At first, it was interesting when I heard there were rumors that [...]

  • Charlize Theron American Cinematheque

    Seth Rogen, Seth MacFarlane Roast Charlize Theron During Bawdy American Cinematheque Ceremony

    As Charlize Theron accepted the 33rd American Cinematheque honor at the Beverly Hilton on Friday night, the atmosphere more resembled a roast than a reverential evening celebrating the cinematic achievements of an Oscar winner. Presenters like Seth Rogen, Kristen Stewart and Seth MacFarlane shared bawdy jokes and reveals about what it’s really like working with [...]

  • Katie Couric

    Katie Couric Says Matt Lauer 'Ultimately Turned Out to Be Two Very Different People'

    Katie Couric discussed Matt Lauer, the Me Too movement and female leadership in business at the Dress for Success annual Women Who Inspire breakfast in New York City on Wednesday. Couric, who spoke during a fireside chat at the nonprofit’s female empowerment event, was asked about Lauer’s ouster from the “Today” show, and the many [...]

  • Tina Turner Musical

    Oprah Winfrey Joins Tina Turner for the Opening Night of 'Tina' Musical on Broadway

    On Thursday night in New York City, Tina Turner joined the ranks of Cher, Donna Summer, the Temptations and the Jersey Boys — Carole King, too — baptized, as it were, in the disco inferno of a high-powered Broadway jukebox. “Tina: The Tina Turner Musical” joins a steady stream of bio-musicals bent on squeezing, often [...]

More From Our Brands

Access exclusive content