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News

Christelle Raynal

Italy’s Notorious Pictures debuts on Aim
Exclusive: Company’s increased acquisition drive includes post Cannes purchase of boxing drama Bleed For This.

Rome-based distributor Notorious Pictures made its debut today on the Italian Aim market, the country’s alternative capital market for small and medium-sized companies.

Founded in 2012, the company has seen rapid growth over the last 18 months, climbing to number four in Italy’s distributor rankings for the first three months of 2014, from number 10 in 2013.

Notorious Pictures CEO and founder Guglielmo Marchetti told ScreenDaily in an exclusive interview that the €7.5m ($10m) raised through the move would be used to increase acquisitions and enter production.

The €7.5m ($10m) represents roughly 10.3% of the company’s total capital, said Marchetti, who controls the remaining 89.7%.

“Becoming a public quoted company is an important step for Notorious,” said Marchetti. “It gives us access to new sources of finance which will enable us to further expand.

“There are two poles of growth we want to pursue. Firstly...
See full article at ScreenDaily
  • 6/23/2014
  • ScreenDaily
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