sofien72tu
Super VIP
- Messages
- 25,214
AB Groupe in take-over talks
January 5, 2017 20.54 Europe/London By Robert Briel
The French AB Groupe is believed to be in negotiations with several media groups, including Mediawan, Xavier Niel Spac, Matthieu Pigasse, and Pierre-Antoine Capton, according to Les Echos.
Accprding to the newspaper, discussions in the past with Lagardère and Patrick Drahi’s Altice group have not resulted in an agreement to acquire the group, which owns a large catalogue of programmes as well as a pay TV bouquet of channels including AB Moteurs and Sciences et vie TV, and is believed to have an annulal turnover of €180 million.
The AB Groupe, which is majority owned by Claude Berda (53%), its management (13.5%), and broadcaster TF1 (33.5%), employs around 300 employees. The company also owns a rrecord company, AB Disques, and AB Distribution, which exploits the rifgts of a number of TV programmes inclduing French TV hits Hélène et les garçons, and Club Dorothée.
AB Groupe owns and operates channels in France (AB1, RTL9, TMC Monte Carlo in partnerships, and a host of thematic channels) and in French speaking Belgium (AB3 and AB4).
The company was founded in 1977 by Jean-Luc Azoulay and Claude Berda as a music production company, and in 1987 went into the world of television.
January 5, 2017 20.54 Europe/London By Robert Briel
The French AB Groupe is believed to be in negotiations with several media groups, including Mediawan, Xavier Niel Spac, Matthieu Pigasse, and Pierre-Antoine Capton, according to Les Echos.
Accprding to the newspaper, discussions in the past with Lagardère and Patrick Drahi’s Altice group have not resulted in an agreement to acquire the group, which owns a large catalogue of programmes as well as a pay TV bouquet of channels including AB Moteurs and Sciences et vie TV, and is believed to have an annulal turnover of €180 million.
The AB Groupe, which is majority owned by Claude Berda (53%), its management (13.5%), and broadcaster TF1 (33.5%), employs around 300 employees. The company also owns a rrecord company, AB Disques, and AB Distribution, which exploits the rifgts of a number of TV programmes inclduing French TV hits Hélène et les garçons, and Club Dorothée.
AB Groupe owns and operates channels in France (AB1, RTL9, TMC Monte Carlo in partnerships, and a host of thematic channels) and in French speaking Belgium (AB3 and AB4).
The company was founded in 1977 by Jean-Luc Azoulay and Claude Berda as a music production company, and in 1987 went into the world of television.