Vivendi welcomes the closing of Banijay's acquisition of Endemol Shine Group
July 03 2020 - 5:17AM
Dow Jones News
Regulatory News:
Vivendi
(Paris:VIV):
Vivendi welcomes the closing of Banijay's acquisition of Endemol
Shine Group. The transaction creates the largest international
player in audiovisual content production and distribution, with
pro-forma annual revenues of approximately EUR2.7 billion in
2019.
The new combined group has a unique portfolio of audiovisual
programs with worldwide appeal, including non-scripted (Big
Brother, Master Chef, The Wall, ...) and scripted (Black Mirror,
Humans, Tin Star, ...) content. It will also be able to capitalize
on an unequaled distribution network, thanks to the two entities'
complementary geographical presence. It will produce both local and
global content.
Vivendi's support for this operation (it now holds 32.9% of the
combined group) is part of its ambition to build a world leader in
culture, at the crossroads of the entertainment, media and
communications industries, and to invest in all forms of content
and talent.
About Vivendi
Since 2014, Vivendi has been focused on building a world-class
content, media and communications group with European roots. In
content creation, Vivendi owns powerful, complementary assets in
music (Universal Music Group), movies and series (Canal+ Group),
publishing (Editis) and mobile games (Gameloft) which are the most
popular forms of entertainment content in the world today. In the
distribution market, Vivendi has acquired the Dailymotion platform
and repositioned it to create a new digital showcase for its
content. The Group has also joined forces with several telecom
operators and platforms to maximize the reach of its distribution
networks. In communications, through Havas. the Group possesses
unique creative expertise in promoting free content and producing
short formats, which are increasingly viewed on mobile devices. In
addition, through Vivendi Village, the Group explores new forms of
business in live entertainment, franchises and ticketing that are
complementary to its core activities. Vivendi's various businesses
cohesively work together as an integrated industrial group to
create greater value. www.vivendi.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200703005038/en/
CONTACT:
Vivendi
SOURCE: Vivendi
Copyright Business Wire 2020
(END) Dow Jones Newswires
July 03, 2020 05:02 ET (09:02 GMT)
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