EXCLUSIVE: Elysian Movie Group Distribution Restricted, the distribution arm of Danny Perkins‘ UK movie firm, is being liquidated.
Elysian Movie Group Distribution, which launched in 2020 with backing from CAA, is now the topic of a proper insolvency course of. Perkins’ manufacturing firm, Elysian Movie Group, will proceed buying and selling.
FRP Advisory, a monetary advisory agency, has been appointed to wind up the affairs of Elysian Movie Group Distribution Restricted. FRP was appointed by firm members and collectors, suggesting Elysian Movie Group Distribution has excellent money owed.
Perkins, the previous head of Studiocanal UK, advised Deadline: “Elysian Movie Group Distribution Ltd is now not buying and selling and is topic to a proper insolvency course of.
“Elysian Movie Group Ltd, the manufacturing firm, continues to function independently and stays lively. We don’t intend to remark additional on the insolvency course of or issues referring to collectors.”
Elysian Movie Group launched in 2018 and has been a part of the manufacturing workforce on titles together with The Magic Faraway Tree and Fackham Corridor.
Elysian Movie Group Distribution Restricted launched two years later, buying titles for the UK market, together with Studio Ghibli pics The Boy and the Heron, which was a success, and Earwig And The Witch.
Elysian produced and distributed 2023 Take That film Best Days, however the movie didn’t ignite on the field workplace.
At Studiocanal, Perkins oversaw hit UK releases for films together with Paddington 1 and 2, Tinker Tailor Soldier Spy and Legend, and the acquisition and launch of films together with The Imitation Sport, The Harm Locker and Spirited Away.