True Brit Entertainment, founded by Zygi Kamasa, enters administration after three years

Mixed · 2True Brit Entertainment, a UK film distributor founded in 2023 by veteran film executive Zygi Kamasa, has gone into administration after about three years of operation. 1 2 Mixed · 2The company specialised in acquiring UK rights to major theatrical releases, including the recently released Hugh Jackman film The Death of Robin Hood, and helped co-finance and produce British film and TV projects. 1 2 Mixed · 2Both outlets report that the administration was announced at the end of September and that administrators were appointed earlier this week, with the firm citing "extremely challenging market conditions". 1 2

Mixed · 2Citing The Gazette, both report that Lloyd Hinton and Kelly Knight, both of Insolve Plus Ltd, were appointed on 5 October; they describe the pair as joint liquidators, although the story is about an administration. 1 2 Mixed · 2Kamasa told Deadline that the company had taken "the difficult decision to enter administration" and that an independent specialist had been appointed to oversee it and assess options, aiming for the best possible outcome for the company and its creditors. 1 2 Mixed · 2The company was backed by talent management and entertainment company Three Six Zero, and had said it aimed to become the "foremost distributor of British films in the UK". 1 2

Mixed · 2Kamasa has over 25 years in the industry, helped finance more than 50 British films and led the UK theatrical release of over 300 films, from The Hunger Games to La La Land; he was previously group CEO of Marv Studios and CEO of Lionsgate UK & Europe until 2020. 1 2 Mixed · 2Neither outlet reports the company's debts or creditors, and both say True Brit Entertainment and Insolve Plus had been contacted for comment. 1 2