See-Saw signs $50 million deal
- See-Saw Films signed a multi-year slate financing partnership with Entourage Ventures on May 16, 2026, giving the producer access to up to $50 million. - The $50 million commitment will be deployed as equity over three years, and See-Saw's Simon Gillis said it adds "freedom and firepower." - Upcoming See-Saw releases include “Tenzing” for Apple Original Films and “Heartstopper Forever” for Netflix, according to Variety’s May 16 report.
See-Saw Films has signed a multi-year slate financing partnership with Paris-based Entourage Ventures, according to a Variety report published on May 16. The arrangement gives Entourage the ability to invest up to $50 million in equity over the next three years across a slate of See-Saw feature films. The deal adds a new financing line for the British-Australian producer behind “The King’s Speech,” “The Power of the Dog,” “Slow Horses” and “Heartstopper.” See-Saw was acquired by Mediawan in 2025, making the transaction part of a broader expansion by the French production group. ### How is the money structured? Variety reported that Entourage’s commitment is structured as equity and can reach $50 million over three years. The investment is tied to a slate rather than a single title, giving See-Saw capital to deploy across multiple feature projects as they move through packaging and production. See-Saw will continue to handle creative development, packaging, production and sales across the slate, Variety said. (variety.com) The company will work through its in-house sales arm, Cross City Films, alongside filmmakers, cast, distributors and platform partners. ### What did See-Saw and Entourage say the deal is for? Simon Gillis, See-Saw’s joint managing director, said the partnership comes “at a moment of major change in the independent film market.” Gillis said the financing gives the company “the freedom and firepower to be more ambitious and entrepreneurial” in bringing filmmaker-led stories to audiences and also gives it flexibility to work with outside producers and filmmakers. (variety.com) Julien Delajoux, co-founder and president of Entourage Ventures, said See-Saw is one of the “most distinctive voices in international filmmaker-driven cinema.” Delajoux said the firm wanted to extend its slate strategy into English-language international cinema through the partnership. ### Why does Mediawan matter here? Mediawan bought a 51% stake in See-Saw Films in March 2025, according to Broadcast International. (variety.com) That ownership link matters because Entourage is already working alongside Mediawan on other content investments, and the new See-Saw deal extends that relationship into another Mediawan-owned label. Entourage describes itself as a French investment company focused on film and audiovisual content since 2015. On its website, the firm says it has launched three funds since 2017 and invested 100 million euros, with activity spanning film catalogs and series partnerships linked to Mediawan’s production network. ### Is this Entourage’s first deal of this kind? Entourage struck a similar strategic agreement in May with Our Films, the Italian producer owned by Mediawan, Variety reported in a separate item. (broadcastnow.co.uk) That pact was designed to add financing and structuring capacity to films produced with Mubi, including titles such as Paweł Pawlikowski’s “Fatherland.” (entourage.ventures) The See-Saw agreement suggests Entourage is building a portfolio of slate-style partnerships around Mediawan-affiliated producers. That is an inference from the sequence of announced deals and Mediawan’s ownership ties, rather than a characterization either company used directly. ### What projects sit in front of See-Saw now? (yahoo.com) See-Saw’s current and recent credits include “Slow Horses,” “Heartstopper,” “The King’s Speech” and “The Power of the Dog,” according to Variety and the company’s website. Those titles span television and film, even though the new Entourage commitment described by Variety is aimed at a slate of features. (broadcastnow.co.uk) Variety said See-Saw’s upcoming film releases include “Tenzing” for Apple Original Films and “Heartstopper Forever” for Netflix. The deal itself was signed by Gillis for See-Saw, Hubert Caillard of Intervista for Entourage Ventures, and Vincent Lebègue for Mediawan, Variety reported. (variety.com)