Canal+ owner Vivendi moves to take full control of Lagardère

Canal+ owner Vivendi plans to take full control of publishing and travel retail giant Lagardère as it re-centres its activities on media. The group intends to acquire activist investor Amber Capital’s 17.93% stake in the group at the latter’s invitation – in line with a previous agreement between the pair. Vivendi will pay €24.10 a […]

Bolloré and Vivendi help Lagardère see off activist investor

Arnaud Lagardère, the boss of the French media group of the same name, has seen off a threat to his leadership from activist investor Amber Capital after enlisting the help of Vivendi’s leading shareholder Vincent Bolloré. Fifteen resolutions tabled by Amber, which holds an 18% stake in Lagardère and 14% of the company’s voting rights, […]

Vivendi takes 10.6% stake in Lagardère

Canal+ owner Vivendi has taken a 10.6% stake in troubled French media conglomerate Lagardère. The move, which follows Vivendi’s successful sale of a 10% stake in Universal Music Group to Tencent in a deal that valued the music unit at €30 billion, comes after a period when Lagardère has been under pressure from an activist […]

Lagardère continues strategic refocus with sports unit sale

Lagardère, the French media group that formerly owned channels including leading kids service Gulli but which sold the bulk of its TV business to M6 Group earlier this year, is continuing its strategic repositioning with the likely sale of a 75% stake in its sports events and marketing arm, Lagardère Sports, to HIG Capital in […]

Canal+ and Groupe Les Echos – Le Parisien acquire Mezzo

Vivendi-owned Canal+ and French news publisher Groupe Les Echos – Le Parisien have jointly agreed to acquire classic music channel Mezzo from Lagardère Group and France Télévisions. The 50:50 acquisition will see the publishing group take over responsibility for day to day management the of channel, including programming and marketing and communication. Canal+ will commercialise […]

Lagardère confirms sale of channels to M6

Lagardère has confirmed a deal to sell its TV channels to RTL-owned M6 Group for €215 million. Lagardere said that the pair had signed an agreement to transfer its portfolio of channels with the exception of classical music service Mezzo. The sale of its TV channels will see Lagardère refocus its activities on its publishing […]

Lagardère sees dip in TV revenues

French media outfit Lagardère’s TV channels saw a 6% dip in revenues in the first quarter, driven lower by a decline in advertising sales. The decline contributed to an overall in Lagardère Active’s revenues, which were down 13.4% in like-for-like terms to €116million. The group said that TV advertising revenues was generally weak in the […]

Lagardere music channel Mezzo launches in Africa via Les Bouquets Canal+

Music channel Mezzo launched on Pan-African PayTV platform Les Bouquets Canal+, this week. Dedicated to classical music, jazz and dance, the service is available in 22 countries primarily across Central and Western Africa. In total, the new carriage arrangement means the channel is available in 80 countries worldwide. Caroline Cochaux, deputy director of TV Channels […]

Lagardère in exclusive talks with M6 over sale of channels

Lagardère has entered into exclusive negotiations with commercial broadcaster M6 Group for the sale of its TV channels. Lagardère, which has decided to focus on the development of its publishing and travel retail activities and to exit broadcasting, is in exlcusive talks with RTL-owned M56 for the sale of all of its TV channels with […]

M6 and Xilam reportedly in running for Lagardère TV channels

RTL-owned commercial broadcaster M6 Group and animation producer Xilam are in the running to acquire Lagardère-owned free-to-air French kids channel Gulli and the group’s pay TV services, according to financial daily Les Echos. According to the paper, M6 and Xilam, producer of shows including Dalton and Oggy et les Cafards (Oggy and the Cockroaches), are […]

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