M6 and Brut investor CMA CGM to acquire financial daily La Tribune

French shipping containers giant Compagnie Maritime D’Affrètement (CMA CGM), headed by Franco-Lebanese businessman Rodolphe Saadé, is firming up its interest in media by agreeing the acquisition of national business-focused daily newspaper La Tribune. The investment in the newspaper follows a series of investments in TV broadcaster M6 towards the end of last year, the acquisition […]

Xavier Niel reportedly looking to invest in France’s Brut

French media entrepreneur Xavier Niel, owner of service provider Free, and sometime rival French-Lebanese businessman Rodolphe Saadé have teamed up to make a large scale investment in youth-oriented online media outfit Brut, according media reports. According to Les Echos, Niel, who previously invested €10 million in Brut in 2018, has make a joint offer with […]

Orange unit invests in media and SVOD outfit Brut

Orange Ventures, Orange’s venture capital investment subsidiary, is investing in youth-focused media company Brut. Orange Ventures, which will be one of the main investors in a series C funding round of US$75 million, said that the new funding would help Brut to further its international ambitions. Brut,  a youth-oriented French media outfit created five years […]

French streamer BrutX begins international rollout

French streaming service BrutX has launched in Belgium, Switzerland and Luxembourg. The international expansion of the service, which follows its launch in France, is available in the three Francophone markets as of today. The move is the first part of a wider international expansion plan. The streamer’s founders aim to launch it more widely in […]

New youth-oriented SVOD BrutX launches in France

Brut, the youth-oriented French media outfit created five years ago by Studio Bagel founder Guillaume Lacroix and former Canal+ producer Renaud Le Van Kim, has launched a new SVOD service, BrutX. The streaming offering, which provides a mix of films, series and documentaries for €4.99 a month, will expand on Brut’s existing media properties, which […]