Vivendi has entered into exclusive negotiations with Figaro Group, the company behind one of France’s leading national newspapers, to sell its stake in Gala magazine. The sale of Gala is one of two antitrust requirements imposed by the European Commission to allow Vivendi to complete its acquisition of French media banner Lagardère Group, the parent company of Hachette Livres. The other antitrust commitment has led Vivendi to sell 100% of its publishing banner Editis to a subsidiary of Czech Media Invest (Cmi) founded by Daniel Kretinsky. Editis is home to Robert Laffont, Plon and Julliard, among others.
Gala magazine, a popular French title similar to People Magazine, boasts a daily edition during the Cannes Film Festival and belongs to Prisma Media, which is itself owned by Vivendi.
Vivendi said it received several offers for Gala and ultimately “decided to enter into exclusive negotiations with Groupe Figaro.” The deal would have...
Gala magazine, a popular French title similar to People Magazine, boasts a daily edition during the Cannes Film Festival and belongs to Prisma Media, which is itself owned by Vivendi.
Vivendi said it received several offers for Gala and ultimately “decided to enter into exclusive negotiations with Groupe Figaro.” The deal would have...
- 7/4/2023
- by Elsa Keslassy
- Variety Film + TV
Vivendi, the parent company of Canal+ Group, has received the green light from the European Commission to proceed with the full acquisition of Lagardère, the French media, publishing and travel retail conglomerate. Vivendi previously held a 57.35% stake in Lagardere following a public tender offer held last year.
This European Commission has given its approval under Vivendi’s two proposed commitments, starting with the sale of 100% of the share capital of its publishing group Editis, as well as the full sale of Gala magazine. Vivendi said it expects to close both deals by the end of October. It entered into exclusive negotiations to sell Editis to a subsidiary of Czech Media Invest (Cmi) founded by Daniel Kretinsky, in March. The Paris-based banner is home to Robert Laffont, Plon and Julliard, among others.
The European Commission had raised anti-trust concerns over Vivendi’s contemplated ownership of both Hachette and Editis, leading Vivendi...
This European Commission has given its approval under Vivendi’s two proposed commitments, starting with the sale of 100% of the share capital of its publishing group Editis, as well as the full sale of Gala magazine. Vivendi said it expects to close both deals by the end of October. It entered into exclusive negotiations to sell Editis to a subsidiary of Czech Media Invest (Cmi) founded by Daniel Kretinsky, in March. The Paris-based banner is home to Robert Laffont, Plon and Julliard, among others.
The European Commission had raised anti-trust concerns over Vivendi’s contemplated ownership of both Hachette and Editis, leading Vivendi...
- 6/9/2023
- by Elsa Keslassy
- Variety Film + TV
Vivendi has entered into exclusive negotiations to sell 100% of its publishing house Editis to a subsidiary of Czech Media Invest (Cmi) founded by Daniel Kretinsky.
Following its latest board meeting on March 8, Vivendi said it has received several bids for the sale of Editis and has chosen the offer brought by International Media Invest, a subsidiary of Kretinsky’s Cmi. The deal would have to be approved by the European Commission.
Vivendi said the “plan is to distribute the Editis shares to the Vivendi shareholders, and their listing on the Euronext Growth market, is put on hold.” Editis’ evenues dropped by 8% to €789 million in 2022, according to Vivendi. The Paris-based banner is home to Robert Laffont, Plon and Julliard, among others.
Besides Editis, Vivendi is the parent company of Canal+ Group, advertising firm Havas, video games banner Gameloft and live entertainment and ticketing outfit Vivendi Village. While it’s in the process of selling Editis,...
Following its latest board meeting on March 8, Vivendi said it has received several bids for the sale of Editis and has chosen the offer brought by International Media Invest, a subsidiary of Kretinsky’s Cmi. The deal would have to be approved by the European Commission.
Vivendi said the “plan is to distribute the Editis shares to the Vivendi shareholders, and their listing on the Euronext Growth market, is put on hold.” Editis’ evenues dropped by 8% to €789 million in 2022, according to Vivendi. The Paris-based banner is home to Robert Laffont, Plon and Julliard, among others.
Besides Editis, Vivendi is the parent company of Canal+ Group, advertising firm Havas, video games banner Gameloft and live entertainment and ticketing outfit Vivendi Village. While it’s in the process of selling Editis,...
- 3/14/2023
- by Elsa Keslassy
- Variety Film + TV
Luis Buñuel (left) and Jean-Claude Carrière (right).“The screenplay is not the last stage of a literary journey. It is the first stage of a film.” —Jean-Claude Carrière, The Secret Language of FilmThe screenwriting career of Jean-Claude Carrière begins with a gag. Or, it at least seems like a gag that one of the most prolific and distinguished of French screenwriters should have gotten his start by doing the very opposite of what he became known for—that is, by writing novelizations of two films. Having just published his first novel Lizard in 1957, the 25-year-old Carrière was approached by his publisher Robert Laffont to enter a curious writing contest. The prize? A commission to turn Jacques Tati’s Monsieur Hulot’s Holiday (1953) and Mon Oncle (1958)—the latter still in production at the time—into written works. Recalling the incident later on, Carrière writes: “I agreed, and won—thus deciding, although...
- 5/10/2019
- MUBI
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