<\/p>\n
Department M is being backed by a consortium of private investors in the effort. The company, founded by by Mike Larocca<\/a> and and Michael Schaefer<\/a>, launched in 2024 and was backed by private investors.<\/p>\n Since distributing the best picture winner \u201cParasite<\/a>\u201d in 2019, Neon has established itself as a leading distributor of international cinema in the U.S., releasing four of the five nominees in this year\u2019s best international feature Oscar category, including Joachim Trier<\/a>\u2019s \u201cSentimental Value<\/a>\u201d and Jafar Panahi<\/a>\u2019s Palme d\u2019Or winner \u201cIt Was Just an Accident<\/a>.\u201d<\/p>\n Neon\u2019s upcoming slate…<\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Neon is in talks to sell a significant stake to Department M, The Wrap has learned. Department M is being backed by a consortium of private investors in the effort. The company, founded by by Mike Larocca and and Michael Schaefer, launched in 2024 and was backed by private investors. Since distributing the best picture […]<\/p>\n","protected":false},"author":2,"featured_media":2288208,"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-2288207","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-in-Talks-to-Sell-Stake-to-Department-M.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2288207","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=2288207"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2288207\/revisions"}],"predecessor-version":[{"id":2288209,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2288207\/revisions\/2288209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2288208"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2288207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2288207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2288207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}