Bossenmeyer spearheads the technology activities as CEO of tech arm Cascade8.
Deadline sat down with Fiore for an update on recent developments.
DEADLINE:Is this Logical Pictures busiest Cannes to date?
Frédéric Fiore, Yannick BossenmeyerLogical Pictures
FIORE:This is something of a milestone year for us.
DEADLINE: How does Logical Studio operate?
Is it one studio or lots of different companies?
FIORE:There are five different production companies, with seven producers.
Black MicMac expanded this year with the arrival of TV producer Sarah Aknine to focus on series.
DEADLINE:Youre growing rapidly.
A lot of big content groups have sprung up in France in recent years, such as Mediawan.
Do have similar designs, ambitions?
FIORE:What [Mediawan Co-founder and CEO] Pierre-Antoine Capton has built is incredible.
Its an empire today.
It has piled up companies to be present everywhere.
I understand this strategy but we dont have the same positioning.
Our ambition is to have synergy between our different companies, for them to complement one another.
We want to grow, but internally.
We dont want to buy lots of companies.
DEADLINE:Your founding activity was film finance and asset management.
Are there any fresh developments there?
Our aim is to position ourselves as the film financier and asset manager of reference in the audiovisual sector.
DEADLINE:Can you give a bit more detail about the Logical African Stories fund?
The idea is encourage private investors, both African and international.
Were in the set-up phase, with the aim of it becoming active in late 2024, early 2025.
FIORE:Were currently going through all the legal paperwork.
Its complex but were in the final stages of negotiations and it should be signed off soon.
We basically need to dovetail all the legal documentation for institutional investors to give it a finite time-frame.
Our fund was originally designed as an evergreen for family offices, which dont require a deadline.
Is this still the case?
FIORE:Yes, well get there.
DEADLINE: In terms of the investments of Logical Content Investments fund.
Are you focusing mainly on France or looking further afield?
FIORE:At the moment half the fund is tied up with Pathe and contingent on their choices.
The other half is overseen by our head of film investments Celine Dornier.
We receive 1,000 projects a year, 600 of them looking for finance.
The aim is to invest outside of France and in particularly in Europe.
Weve worked with Augenschein In Germany in the past, for example, onThe DiveandBerlin Nobody.
We believe a lot in the German ecosystem and were also currently looking at an Austrian film.
Are you going to hit that target?
FIORE:We already have 15 films with Pathe which are in the process of being financed.
DEADLINE:Will you renew the Pathe deal?
FIORE:Well see, maybe for another year or two.
DEADLINE: Are you open to striking similar slate deals with other companies in France or Europe?
That came about for unique reasons, and we wont replicate it elsewhere.
It monopolizes our money and resources.
We have teams who like to look for projects and make them a reality.
Thats what we did with the Coralie Fargeats first filmRevenge, for example.
Were delighted to find her in Competition this year [withThe Substance].
Shes a symbol for us.
We financed her first picture.
