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Mediawan Acquires North Road, Expanding US Footprint

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  Print publication without navigation Published in Media and Entertainment on by Variety
      Locales: FRANCE, UNITED KINGDOM, UNITED STATES

Los Angeles, CA - January 17, 2026 - European content giant Mediawan is making a substantial move into the American entertainment landscape, acquiring North Road, the production company founded by media mogul Peter Chernin. The deal, confirmed by Variety, signifies a major strategic shift for Mediawan and underscores the continuing consolidation of power within the global production industry.

Mediawan, a French-based company that has rapidly become a dominant force in European content creation, has long expressed interest in expanding its footprint beyond Europe. This acquisition of North Road provides a crucial foothold in Hollywood, allowing them to directly compete with established U.S. studios and production houses. The financial details of the acquisition have not been publicly released, but industry analysts suggest a significant investment was involved, reflecting the perceived value of North Road's assets and Chernin's reputation.

North Road: A History of Success

Founded in 2018 by Peter Chernin, a veteran of the media industry and former president and CEO of News Corp, North Road has cultivated a diverse portfolio of projects. While relatively young, the company has already demonstrated a knack for identifying and developing commercially successful content. Notable credits include the wildly popular film franchise "Ted," a cornerstone of early 21st-century comedy, and the critically acclaimed Apple TV+ animated series "Housebroken." These projects demonstrate North Road's ability to appeal to broad audiences and navigate the evolving landscape of streaming entertainment.

Chernin's involvement in North Road prior to the acquisition was central to its success. His deep industry connections and proven track record in media management helped secure significant deals and attract top talent. While he is expected to remain involved in a reduced capacity following the acquisition, his departure from a daily operational role signals a clear shift in control to Mediawan.

Mediawan's Growing U.S. Presence

The North Road acquisition builds upon Mediawan's existing investments in the United States. They've already established a presence through acquisitions of Hello Sunshine, founded by Reese Witherspoon, and Village Roadshow. Hello Sunshine's focus on female-led stories and Witherspoon's own star power provide Mediawan with access to a valuable demographic and a strong brand identity. Village Roadshow, known for its involvement in blockbuster franchises like The Lord of the Rings, adds further weight to Mediawan's U.S. portfolio.

Mediawan's strategy appears to be centered on acquiring independent production companies with established track records and a diverse range of projects. This model allows them to rapidly expand their content library and gain access to talent and expertise that would take years to organically develop. The recent acquisitions demonstrate a clear ambition to become a major player in the global entertainment market, challenging the dominance of traditional Hollywood studios. The company's overall approach involves aggressive consolidation of existing independent entities, creating a synergistic network of production capabilities.

Implications for the Industry

The deal has significant implications for the ongoing consolidation of the entertainment industry. As streaming platforms continue to demand a constant stream of fresh content, the pressure on production companies to scale and secure financing is intensifying. Acquisitions like this allow companies like Mediawan to effectively absorb smaller players and leverage their resources to meet that demand.

Analysts predict that we will see continued activity in the mergers and acquisitions space within the entertainment industry, as companies scramble to secure valuable content and talent. The increasing competition for viewers' attention is driving this trend, leading to a new era of media consolidation.

Peter Chernin's transition to a diminished role at North Road also sparks curiosity about his future endeavors. While his continued involvement suggests a degree of comfort with the acquisition, his departure from day-to-day management may indicate a desire to pursue new opportunities. It's widely speculated that Chernin may be looking to advise on new ventures or perhaps even establish a new entity focused on incubating emerging talent.


Read the Full Variety Article at:
[ https://variety.com/2026/film/news/mediawan-to-acquire-peter-chernin-north-road-company-1236633381/ ]