Neon, the Oscar-winning Studio Behind 'Anora,' 'Parasite' and 'Longlegs,' has sold a stake to Department M.

Neon, the Oscar-winning Studio Behind 'Anora,' 'Parasite' and 'Longlegs,' has sold a stake to Department M.

Founder Tom Quinn will remain CEO of the indie studio behind best picture winners 'Anora' and 'Parasite'.