Local authorities take stake in Euronews
December 17, 2012
Three French local authorities have become shareholders in news broadcaster Euronews.
The allocation of shares to the Rhône-Alpes Region, the department of Rhône and the Greater Lyon Urban Community was unanimously approved at a general meeting of shareholders last week. Each authority will take a 1.5% stake in Euronews.
Michael Peters, CEO of Euronews, said, “As CEO, but also as a long-time resident of Lyon, I am particularly delighted and proud of this event, which is exceptional and a first in France. It further strengthens our historic ties with the local area. Like Atlanta, London and Doha, our goal is to make Lyon, the Department and Region a world media capital. Our channel and all of our digital platforms will ensure a high profile for Lyon, thanks in particular to the quality and variety of major international events held in the city and region.”
December 17, 2012
Three French local authorities have become shareholders in news broadcaster Euronews.
The allocation of shares to the Rhône-Alpes Region, the department of Rhône and the Greater Lyon Urban Community was unanimously approved at a general meeting of shareholders last week. Each authority will take a 1.5% stake in Euronews.
Michael Peters, CEO of Euronews, said, “As CEO, but also as a long-time resident of Lyon, I am particularly delighted and proud of this event, which is exceptional and a first in France. It further strengthens our historic ties with the local area. Like Atlanta, London and Doha, our goal is to make Lyon, the Department and Region a world media capital. Our channel and all of our digital platforms will ensure a high profile for Lyon, thanks in particular to the quality and variety of major international events held in the city and region.”