Neon, Oscar-Winning Studio Behind ‘Parasite’ and ‘Anora,’ in Talks to Sell Stake to Department M (EXCLUSIVE)

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 “Parasite” and “Anora.” A consortium of private investors is backing Department M in the effort, according to two sources with knowledge of the negotiations.

Department M […] 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 “Parasite” and “Anora.” A consortium of private investors is backing Department M in the effort, according to two sources with knowledge of the negotiations. Department M […]