{"id":2288198,"date":"2026-02-18T22:39:29","date_gmt":"2026-02-18T22:39:29","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2288198"},"modified":"2026-02-18T22:39:29","modified_gmt":"2026-02-18T22:39:29","slug":"neon-oscar-winning-studio-behind-parasite-and-anora-in-talks-to-sell-stake-to-department-m-exclusive","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/neon-oscar-winning-studio-behind-parasite-and-anora-in-talks-to-sell-stake-to-department-m-exclusive\/","title":{"rendered":"Neon, Oscar-Winning Studio Behind \u2018Parasite\u2019 and \u2018Anora,\u2019 in Talks to Sell Stake to Department M (Exclusive)"},"content":{"rendered":"<p><\/p>\n<div role=\"presentation\"><a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co1090555\/\">Department M<\/a>, a production company founded two years ago by <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm1692290\/\">Mike Larocca<\/a> and <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm0769644\/\">Michael Schaefer<\/a>, is in talks to acquire a significant stake in <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0623930\/\">Neon<\/a>, the Oscar-winning studio behind \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0641571\/\">Parasite<\/a>\u201d and \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co1172735\/\">Anora<\/a>.\u201d<\/p>\n<p>A consortium of private investors is backing Department M in the effort, according to two sources with knowledge of the negotiations. Department M was financed by private investors when it launched in 2024.<\/p>\n<p>Neon previously explored a sale in 2022, but a deal with investor <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm2262509\/\">Steven Rales<\/a>, the businessman behind the production company <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0215519\/\">Indian Paintbrush<\/a>, failed to materialize.<\/p>\n<p>Neon\u2019s recent credits include <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm1258686\/\">Joachim Trier<\/a>\u2019s \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/title\/tt27714581\/\">Sentimental Value<\/a>\u201d; <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm0070159\/\">Jafar Panahi<\/a>\u2019s Palme d\u2019Or winner, \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/title\/tt36491653\/\">It Was Just An Accident<\/a>\u201d; <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm2207625\/\">Kleber Mendon\u00e7a Filho<\/a>\u2019s \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/title\/tt27847051\/\">The Secret Agent<\/a>\u201d; <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm3890574\/\">Oliver Laxe<\/a>\u2019s \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/title\/tt32298285\/\">Sir\u00e2t<\/a>\u201d; <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm0661791\/\">Park Chan-wook<\/a>\u2019s \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/title\/tt1527793\/\">No Other Choice<\/a>\u201d; and <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm4589136\/\">Ugo Bienvenu<\/a>\u2019s \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/title\/tt14883538\/\">Arco<\/a>.\u201d It has also backed the horror film \u201c<a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/title\/tt23468450\/\">Longlegs<\/a>,\u201d a massive box office hit that grossed nearly $130 million when&#8230;<\/p>\n<div><a rel=\"nofollow\" target=\"_blank\" class=\"ipc-link ipc-link--base sc-a1082b8f-0 dYguHm\" tabindex=\"0\" aria-disabled=\"false\" target=\"_blank\" href=\"https:\/\/variety.com\/2026\/film\/news\/neon-studio-parasite-anora-selling-stake-department-m-1236666837\/\">See full article at Variety Film + TV<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" class=\"ipc-icon ipc-icon--launch-inline ipc-icon--inline ipc-link__launch-icon\" viewbox=\"0 0 24 24\" fill=\"currentColor\" role=\"presentation\"><path d=\"M21.6 21.6H2.4V2.4h7.2V0H0v24h24v-9.6h-2.4v7.2zM14.4 0v2.4h4.8L7.195 14.49l2.4 2.4L21.6 4.8v4.8H24V0h-9.6z\"\/><\/svg><\/a><\/div>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Department M, a production company founded two years ago by Mike Larocca and Michael Schaefer, is in talks to acquire a significant stake in Neon, the Oscar-winning studio behind \u201cParasite\u201d and \u201cAnora.\u201d A consortium of private investors is backing Department M in the effort, according to two sources with knowledge of the negotiations. Department M [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2288199,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25177],"tags":[25538,31714,21751,22556,21993,22860,21912,21738,24141,22205,21913],"class_list":["post-2288198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities","tag-actors","tag-actresses","tag-celebrities","tag-directors","tag-films","tag-hollywood","tag-movies","tag-news","tag-stars","tag-television","tag-tv"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/02\/Neon-Oscar-Winning-Studio-Behind-\u2018Parasite-and-\u2018Anora-in-Talks-to.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2288198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2288198"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2288198\/revisions"}],"predecessor-version":[{"id":2288200,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2288198\/revisions\/2288200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2288199"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2288198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2288198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2288198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}