The Seydoux brothers have once again joined forces to create a new company. Nicolas and Jerome Seydoux, who respectively head up French studios Gaumont and Pathe, merged their cinema circuits a few years back to create Europalaces and are now following suite with their companies' archives.
The new entity, which is set to be called Gaumont-Pathe Archives, will be run by Martine Offroy, president of the Cinematheque de Toulouse as well as vice-president of the Cinematheque Francaise. The company will be 57.5% owned by Gaumont and 42.5 % by Pathe and will house roughly 12,000 hours of film and television footage including news archives which date back to 1908.
The move was explained as a way to preserve, restore and promote the colossal collection of historical images in France and abroad.