Buyer Database · Production Company · Updated

Federation Studios

Federation Studios is a Paris-based production and distribution group actively seeking a major capital partner to fund an ambitious slate of English-language international co-productions and accelerate multi-vertical expansion.

Current mandate

Federation Studios is in an active strategic pivot, prioritizing English-language content at scale while simultaneously restructuring its investor base. The company is seeking a minimum 40% investment stake at a valuation of €500M to €600M, replacing exiting backer Montefiore Investments (which invested €50M in 2021 for one third of the studio) with a partner that brings both capital and sector expertise. Growth capital is earmarked for a mix of content creation, company acquisitions, and specific projects, with particular emphasis on big English-speaking shows. The company has eight to ten large English-language international co-productions planned to begin shooting within the next two years. Federation's 2023 turnover was €260M, with profits reportedly growing 28% per year over the last three years. The studio delivered 37 series and 25 movies last year, signaling consistent output volume across formats.

Recent productions underscore the English-language push. The Agency, Showtime's adaptation of The Bureau, has launched and already been recommissioned. A JV with producer Patrick Wachsberger has four movie projects in active development seeking studio and streamer funding, including Charlie Harper, Impossible, and The Perfect Marriage. Federation also holds a majority stake in Syzygy, a new JV with French director-producer Jérôme Salle focused on international films and series, and has an Italian JV in the pipeline. A banner with Eric Rochant adds further creative infrastructure. The acquisition of GO-N Productions expands Federation into animation, while the late-2023 launch of international theatrical sales division Ginger & Fed integrates sales with co-production work.

Writers and producers with English-language series or film projects, particularly those with international co-production potential, are best positioned to engage Federation. The company's stated preference for IP-driven material, remakes, and original shows that can coexist in a flexible rights environment makes it receptive to projects with demonstrable catalog or franchise value. Outreach through established industry channels, festivals, and co-production markets is the most direct access pathway given Federation's active international presence.

Signature peaks

  • 37 series + 25 movies Annual Output — Delivered last year across formats
  • 8–10 co-productions English-Language Pipeline — Planned to start shooting within two years
  • €500M–€600M Target Valuation — Minimum 40% stake being offered to new investor

Mandate dimensions

Genre focus
drama, literary adaptation
Territory focus
Not disclosed
Budget tier (observed)
Not disclosed
Access pattern
Federation is most accessible through international co-production markets, major festivals, and established producer relationships. The Ginger & Fed theatrical sales division and the Wachsberger JV film pipeline represent active intake points. Projects should carry strong IP credentials and English-language international co-production potential. Representation by an agent or producer with prior sector experience is advisable, consistent with Federation's stated preference for partners who understand the film and series business.
Deal structure
Federation structures projects through majority-held JVs (Syzygy with Jérôme Salle), co-production partnerships (Wachsberger JV with four active film projects), and dedicated creative banners (Eric Rochant). The company co-produces large-scale English-language series and films with broadcasters and streamers, as demonstrated by The Agency at Showtime. An Italian JV is also in development. Deal sizes are not publicly specified beyond the company's overall capital raise target of hundreds of millions of pounds via a minimum 40% stake sale at a €500M to €600M valuation.

Market context

"The package has to be stronger, IP has to be stronger, creativity has to be at the top and every single broadcaster and streamer requires profitability."

Pursuing international expansion and English-language content production, seeking capital investment for growth

Common questions about Federation Studios

Does Federation Studios accept unsolicited script submissions?

Federation Studios has not published a formal unsolicited submissions policy. Given its scale (37 series and 25 movies delivered last year) and focus on large English-language international co-productions, the company is most likely to engage material brought through established representation or industry relationships. Writers without existing connections are advised to pursue introductions via agents, co-production markets, or festival forums where Federation maintains an active presence.

How does Federation Studios attach to and develop projects?

Federation develops projects through a combination of internal labels, joint ventures, and co-production partnerships. Active structures include Syzygy (a majority-held JV with director-producer Jérôme Salle for international films and series), a banner with Eric Rochant, and a JV with producer Patrick Wachsberger that currently has four movie projects seeking studio and streamer funding. The company also views IP as central, noting that flexible streamer rights positions allow original shows and remakes to coexist, as exemplified by The Agency (adapted from The Bureau).

What is Federation Studios currently producing?

Federation's most prominent active production is The Agency, Showtime's English-language adaptation of The Bureau, which has launched and already been recommissioned. The Patrick Wachsberger JV has four projects in development: Charlie Harper, Impossible, The Perfect Marriage, and a fourth unnamed title. Eight to ten additional large English-language international co-productions are planned to begin shooting within the next two years. The company is also active in animation following its acquisition of GO-N Productions, and its Ginger & Fed division is selling theatrical titles including apocalyptic thriller Survive.

Who leads Federation Studios and makes creative decisions?

Federation Studios tracks nine decision makers according to recent coverage, though specific names and titles beyond those cited in public statements are not fully enumerated in available records. The company's public-facing strategic commentary has addressed investor relations, English-language expansion, and co-production strategy directly. Creative infrastructure is distributed across its JV partners, including Jérôme Salle (Syzygy), Eric Rochant (dedicated banner), and Patrick Wachsberger (film JV), each of whom holds a degree of creative authority within their respective structures.

How do you get a project to Federation Studios?

Federation's most accessible entry points are international co-production markets and major festivals, where the company maintains consistent deal-making activity. The Ginger & Fed theatrical sales division and the Wachsberger JV both represent active acquisition and packaging pipelines. Projects with strong IP foundations, English-language appeal, and international co-production potential align most directly with Federation's stated mandate. Given the company's preference for partners who understand the film and series business, representation by an agent or producer with prior industry relationships is a practical prerequisite.

Is Federation Studios actively acquiring and developing new projects right now?

Yes. Federation is in an active development and production phase, with eight to ten large English-language international co-productions planned to begin shooting within the next two years. The Wachsberger JV has four film projects currently seeking studio and streamer funding. The company is also expanding into new verticals including animation (via GO-N Productions), licensing, sport, and digital catalog exploitation. A capital raise is underway to fund this next phase, meaning the company is simultaneously building its slate and restructuring its financial backing.

Adjacent buyers in this lane

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  • Mediawan — Mediawan is actively integrating digital creators into its IP development pipeline, treating YouTube

Related reading

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