Neon, ‘Anora’ & ‘Parasite’ Distributor, In Talks To Sell Significant Stake To Department M

Neon, ‘Anora’ & ‘Parasite’ Distributor, In Talks To Sell Significant Stake To Department M

February 18, 2026 / Nathan Pine /

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Department M, the company formed by Mike Larocca and and Michael Schaefer with multiple private investors, including backers from Qatar, is in talks to take a significant stake in Anora distributor and Palme d’Or whisperer Neon.

The deal has been the talk of the high-end distribution scene this past week and was bubbling up at the European Film Market in Berlin.

More to come…

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Nathan Pine

I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.

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