business

Neon Closes Deal with Department M

Department M's Power Play in Hollywood: What This Means for Independent Filmmaking The latest deal between Neon and Department M has sent shockwaves through the independent film community, with Department M acquiring a significant stake in Neon.

On its surface, this seems like a classic case of consolidation – one industry player swallowing another to gain a foothold in an increasingly crowded market.

However, scratch beneath the surface, and you'll find something more complex at play.

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