Black Bear, the unbiased manufacturing and financing group behind such options as Mudbound, I Care a Lot and The Imitation Recreation, has arrange a multi-year revolving improvement fund with B-Reel Movies, the Scandinavian manufacturing firm whose credit embody Ari Aster’s Midsommar and Joachim Trier’s The Worst Particular person within the World. 

The deal, introduced Tuesday by Black Bear’s President and CEO Teddy Schwarzman and B-Reel Movies CEO, Pelle Nilsson, will see the 2 corporations collectively purchase and develop Scandinavian-sourced IP and content material, each for movie and tv. Black Bear will even signify B-Reel’s English-language and worldwide initiatives and can coordinate intently with B-Reel’s representatives at CAA.

Philip Westgren, who runs B-Reel’s U.S. operations, will be a part of Black Bear companions Keith Redmon and Joanne Roberts Wiles as a supervisor and producer within the firm’s newly shaped administration division.

The Scandinavian deal is a part of a worldwide growth by Black Bear, which just lately opened worldwide workplaces in London to deal with its worldwide gross sales enterprise, Black Bear Worldwide, and U.Ok. distribution operations, each run by John Friedberg. Black Bear additionally holds a majority absorb Canada’s distribution and manufacturing firm Elevation Photos.

Stockholm-based B-Reel is among the many most dynamic unbiased manufacturing corporations in Sweden. Alongside co-productions like Midsommar and The Worst Particular person within the World, the group is behind the Hulu documentary I Am Greta, in regards to the Swedish environmental activist Greta Thunberg, and Jens Sjögren’s sports activities biopic I Am Zlatan about soccer famous person Zlatan Ibrahimovic. B-Reel can also be lively in local-language TV, with seven collection set for manufacturing this yr, together with the comedic drama Tore for Netflix. 

Black Bear’s upcoming characteristic productions embody Nyad, a true-life drama for Netflix starring Annette Bening and Jodie Foster; the Craig Gillespie-directed Dumb Cash for Sony that includes Seth Rogen, Paul Dano, Shailene Woodley and Pete Davidson; and Neil Burger’s The Marsh King’s Daughter starring Daisy Ridley and Ben Mendelsohn for STX.

On the TV facet, Black Bear just lately wrapped manufacturing on season 1 of Monsieur Spade. The collection, based mostly on Dashiell Hammett’s iconic movie noir character Sam Spade, stars Clive Owen and can air on AMC within the U.S.