Neon Reportedly Considering U.K. Distribution Launch
10 reported3 unconfirmed
According to a single source, independent film distributor Neon is reportedly exploring a launch in the U.K. market. The U.S. company, which also operates an international sales division, is said to be consulting former Studiocanal U.K. boss Danny Perkins about a potential U.K. operation. Neon has recently begun including U.K. rights in its acquisition deals alongside North America, securing rights for several Cannes titles and partnering with local distributors such as Picturehouse. The company is known for its streak of seven Palme d’Or winners and backing Oscar best picture winners like “Anora” and “Parasite.” Entering the U.K. distribution market is described as difficult and expensive, but Neon’s slate of award-winning and commercial titles could support its success. The news was first reported by Variety’s sister publication Deadline, and Variety has reached out to Neon and Perkins for comment.
What’s reported
Neon is reportedly eyeing a launch in the U.K. distribution market.
Former Studiocanal U.K. boss Danny Perkins is reportedly consulting for Neon about a potential U.K. operation.
Neon has recently begun including U.K. rights in its acquisition deals alongside North America.
Cannes titles “Fjord,” “Sheep in the Box,” and “Hope” were acquired for the U.S., U.K., and Australia, with Picturehouse releasing “Fjord” and “Sheep in the Box” in the U.K.
Neon also holds U.K. rights for Luca Guadagnino’s film “Artificial,” about Sam Altman and OpenAI.
“Anora” made $3.7 million in the U.K. box office, while “Parasite” grossed over $15 million.
Neon’s horror hit “Longlegs” made $10.4 million in the U.K., its second most successful market after the U.S.
Danny Perkins co-founded Optimum Releasing, spent a decade as Studiocanal U.K. head, and later set up Elysian Film Group.
Elysian Film Group’s distribution arm went into liquidation earlier this year.
The news was first reported by Deadline, a sister publication of Variety.
Open questions
Whether Neon will finalize a U.K. launch and when.
The specific structure or timeline of any potential U.K. operation.
Whether Danny Perkins has formally agreed to join Neon.
Key figures
Danny Perkins, former Studiocanal U.K. boss, reportedly consulting for Neon.
Luca Guadagnino, director of “Artificial.”
Sources: Variety
