Newen Studios, 100% owned subsidiary of the TF1 group-Bibiane Godfroid Chairwoman Newen Studio group
Boulogne, 03 July 2018
Newen Studios, 100% owned subsidiary of the TF1 group
Bibiane Godfroid appointed Chairwoman of the Newen Studios group
Following clearance from the Competition Authority, the TF1 group today announces that it has finalisedthe acquisition of the residual 30% stake in the Newen Studios group.
Bibiane Godfroid is appointed Chairwoman of Newen Studios, replacing Fabrice Larue who is leaving the Group to pursue new projects.
Gilles Pélisson, Chairman & CEO of the TF1 group, says: “I would like to thank Fabrice Larue and his team, who have built one of the jewels of French audiovisual production. Over the years, the successive buyouts of Telfrance, Capa, 17Juin, Blue Spirit Productions and Tuvalu Media, and the creation of Neweb, have enabled Newen to assemble a unique coalition of talents across the whole spectrum of production and the web. I have total confidence in Bibiane Godfroid, whose track record and professional qualities will be a source of great strength to the Newen group. I wish her full success in her new role, as she works alongside her talented colleagues further develop the group while retaining its editorial freedom and commercial independence.”
About the TF1 group : The TF1 group is the leading private-sector unencrypted television broadcaster in France, with five unencrypted channels (TF1, TMC, TFX, TF1 Séries Films and LCI) plus the pay-TV theme channels TV Breizh, Histoire, UshuaïaTV and Serieclub (the last of which is 50% owned).
The Group is adding a high-powered digital dimension to its programmes via MYTF1, and through video-on-demand offers via MYTF1VOD and TFOU MAX.The TF1 group has a presence in the production and distribution of content, and acquired Newen primarily to accelerate the international expansion of production and distribution.
In April 2018, the TF1 group reinforced its digital presence with the acquisition of the aufeminin group witch composed by brands like My Little Paris or Marmiton.
The TF1 group has created a large range of businesses in key entertainment and leisure fields with TF1 Entertainment (music and live show production, licences, publishing, board games,); the film industry with TF1 Films Production and TF1 Studio; and home shopping with Téléshopping.
Find out more at : https://www.groupe-tf1.fr/en