A+E Networks takes stake in Reel One Entertainment

A+E Networks has taken a 35% stake in Reel One Entertainment, the Canadian producer-distributor majority owned by TF1-owned French group Newen. The deal, which will see Newen remain the majority owner of the firm, is designed to help Reel One to expand production and distribution in North America, as well as increasing more TV content. Reel One, […]

TF1’s Newen acquires Belgian production outfit

French commercial broadcaster TF1’s Newen production outfit has acquired a majority stake in Belgian production company De Mensen. Newen has taken a 60% stake in the company, which produced Flemish-language recurring and live shows for broadcasters and platforms including Netflix. Founders Raf Uten and Maurits Lemmens will retain a minority stake in the venture. Newen […]

TF1 completes acquisition of Newen

TF1 has completed the acquisition of the shares in Newen Studios it did not already own following a green light from the French competition watchdog and has confirmed Bibiane Godfroid as president of the production outfit. Godfroid, who was previously head of programmes at commercial broadcaster M6 and worked in senior roles at Fremantle France, […]

TF1 takes 100% control of Newen, names new CEO

French commercial broadcaster TF1 Group is acquiring the 30% in production outfit Newen Studios that it does not already own, giving it 100% control of the company. The acquisition will see deputy CEO and content chief Bibiane Godfroid take over as CEO of the group and Romain Bessi will become deputy CEO. Before joining Newen, […]

Reduced costs and digital channels boost TF1

Reduced costs thanks to be absence of the Euro 2016 football championship helped boost TF1’s second-quarter and first-half performance, together with a small increase in revenues. The French commercial broadcaster posted revenues of €498.9 million for the second quarter, up from €481.9 million, and revenues of €1.037 billion for the first half, up 1.1%. First […]

TF1 firm debuts €50m UK fund

France’s Newen Group is created a €50 million drama investment fund. TF1 Group-owned Newen will seek to invest in high-end scripted series from the UK to build up its portfolio of English-language content through sales arm Newen Distribution. To support the plan Newen has created an advisory board that includes veteran UK TV execs Nadine […]

TF1 completes Newen deal

TF1 has completed its controversial 70% buyout of French producer and distributor Newen Group. In a statement, France’s largest commercial broadcaster said that it had obtained clearance from all the relevant authorities and has completed the deal under terms it agreed last year. TF1 and FLCP, the holding company of the Newen group, agreed in […]

Furious France Télévisions suspends Newen work

TF1’s potential acquisition of production and sales group Newen has sparked a furious reaction from France Télévisions. The French pubcaster has suspended all of its development work with Newen after market-leading commercial broadcaster TF1 released a statement that revealed it could take a majority stake in the Paris-based indie firm. Newen makes shows such as […]