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Vuelta Expands Italian Footprint With Stake in PiperFilm
Pan European indie Vuelta is expanding its Italian Footprint by taking a minority stake in Italy's innovative PiperFilm
Pan-European indie group Vuelta has expanded its footprint in the Italian market by acquiring a minority stake in Italy ’s innovative distribution company PiperFilm. PiperFilm – which launched from Cannes last year as distributor of Paolo Sorrentino’s “Parthenope” – operates with an innovative distribution model thanks to its deal with Netflix under which the streaming giant has the first exclusive post-theatrical window for Italy on their titles, while Warner Bros. Entertainment Italia handles the operational distribution of their lineup of movies in Italian theatres. “Vuelta is one of the most innovative players on the European film distribution market and I am particularly happy and proud that Jerome Levy – to whom I extend my thanks – has seen the ambition of PiperFilm and its team and the potential for development, collaboration, and value creation,” he added.
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