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Search resuls for: "Vincent Bolloré"


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Travers, 26, is the founder and face of HugoDecrypte, a French media start-up that delivers news aimed primarily at young audiences. Travers' daily news round-ups, usually delivered from behind a desk, are very popular among younger French audiences. Joshua Berlinger/CNNThe first concerned the state of political coverage in French media. The HugoDecrypte channel launched with the mission to give young French audiences a fast, digestible way to understand the news. But he and editor-in-chief Aleberteau believe that, wherever there is social media, their model is viable.
Persons: Paris CNN — Hugo Travers, Travers, Le, , ” Travers, there’s, , Alice Antheaume, Emmanuel Macron, Macron, Gabriel Attal, Marie Flament, Francois Jost, Joshua Berlinger, Z, Travers ’, pander, “ You’ve, Benjamin Aleberteau, HugoDecrypte, Christopher Nolan, “ Oppenheimer, Omar Sy, Tahar Rahim, Virginie Efira, Jost, “ TikTok, , it’s, I’m, they’re, Xavier Niel, Vincent Bollore, Rupert Murdoch, Aleberteau, ” Aleberteau Organizations: Paris CNN, YouTube, CNN, Sciences Po Journalism School, Franco, Sorbonne Nouvelle University, Democratic, Sciences Po, Reuters Institute, Antheaume Locations: France, French, TikTok, Europe, Paris, Sudan, Democratic Republic of Congo
Journalists at France’s leading Sunday newspaper announced Tuesday that they were ending one of the longest media strikes in recent French history, but they predicted that dozens might resign to protest the appointment of an editor with a far-right track record as the new editor in chief. Staff members said they had little choice but to work with the new leadership or leave their jobs. The new editor, Geoffroy Lejeune, who formerly led a far-right French magazine that was fined for publishing racist insults, was scheduled to take up his new post on Tuesday. Word of his appointment at The JDD, as the paper is known, had ignited a firestorm in French media and political circles, raising concerns that a major mainstream news outlet could be transformed into a right-wing platform. Before the uproar, about 100 journalists worked at the Paris paper.
Persons: Vincent Bolloré, Geoffroy Lejeune Organizations: France’s, Sunday, Le, Staff Locations: Paris
In its 75-year history, Le Journal du Dimanche, France’s leading Sunday newspaper, has almost never missed publication. But its operations ground to a halt this week after an editor with a far-right track record was abruptly appointed just ahead of a takeover of the paper by the French billionaire Vincent Bolloré, prompting a mass walkout by journalists and igniting a firestorm in French media and political circles. Mr. Bolloré, an industrialist often described as France’s Rupert Murdoch, has been steadily building a conservative media empire, anchored by a Fox-style news network, CNews. The appointment of the editor, Geoffroy Lejeune, who was formerly at a far-right magazine that was fined for racist insults, raised concerns that one of France’s most prominent newspapers could be transformed into a right-wing platform. The paper did not publish Sunday, only the second time since its founding in 1948, and on Thursday evening the website was still leading with news from last week.
Persons: France’s, Vincent Bolloré, Bolloré, Rupert Murdoch, Geoffroy Lejeune, , Lejeune Organizations: Fox, France’s, Journalists Locations: France, Le Monde
The newspaper’s owner, French media group Lagardere (LAGA.PA), on Friday named Geoffroy Lejeune as JDD's new editor-in-chief, succeeding Jerome Begle who left for Paris Match. Lejeune is the former head of magazine Valeurs Actuelles, which has courted controversy with anti-immigrant covers and was fined for racist insult in 2022. The company already owns news channel CNews, which has taken a conservative turn since Bollore took control. In a statement, Arnaud Lagardere said Geoffroy Lejeune was a "raw talent of journalism" that he could not pass up. "Under Geoffroy Lejeune, Valeurs Actuelles spread hateful attacks and fake news.
Persons: Geoffroy Lejeune, Jerome Begle, Lejeune, Vincent Bollore, Bollore, Rima Abdul Malak, Arnaud Lagardere, Valeurs, Michel Rose, Juliette Jabkhiro, Emelia Sithole Organizations: Sunday, Paris Match, European Commission, Lagardere, Vivendi, U.S, Fox, Twitter, Thomson
MILAN, June 14 (Reuters) - Merger and acquisition speculation has lifted shares in MFE (MFEB.MI), the late Silvio Berlusconi's TV business, following his death, but a number of obstacles stand in the way of any rapid deal. With a 19.8% MFE stake, Vivendi (VIV.PA) is widely seen as the natural buyer for MFE. This week's rally has lifted the market value of the whole of MFE to 1.8 billion euros. Any accord between Vivendi and Fininvest would require overcoming the deep distrust between the two groups after years of courtroom battles sparked by a failed 2016 TV deal. Like Fininvest, Vivendi faces a loss on any potential sale of its MFE stake given the gap between book and market prices.
Persons: Silvio Berlusconi's, Vincent Bollore, Urbano, Pier Silvio Berlusconi, Fininvest, MFE, Emilio Parodi, Valentina Za, Barbara Lewis Organizations: MILAN, Vivendi, Reuters, della Sera, U.S, Warner Bros ., VIVENDI, FININVEST, Fininvest, MFE, Thomson Locations: MFE, Urbano Cairo, Germany's ProSiebenSat, Italy, Spain, Rome, Netherlands
EU antitrust regulators approve Vivendi, Lagardere deal
  + stars: | 2023-06-09 | by ( Foo Yun Chee | ) www.reuters.com   time to read: +2 min
BRUSSELS, June 9 (Reuters) - Vivendi (VIV.PA), the French media conglomerate controlled by billionaire Vincent Bollore, on Friday won conditional EU antitrust approval for its acquisition of France's largest publisher Lagardere (LAGA.PA). Vivendi last year announced the deal which would give it control of Lagardere's flagship weekly publications Journal du Dimanche (JDD) and Paris Match. Vivendi said in a statement that it was confident it would finalise those two transactions by the end of October. "The remedies proposed by Vivendi will allow for the preservation of existing competition in those markets, to the benefit of consumers." Reuters reported in April that the remedies were sufficient to help Vivendi gain EU antitrust clearance for the acquisition.
Persons: Vincent Bollore, Margrethe Vestager, Daniel Kretinsky, Yannick Bollore, Foo Yun Chee, Bart Meijer, Sudip Kar, Gupta, Louise Organizations: Vivendi, Paris Match, European Commission, Reuters, Le Monde, TF1, Thomson Locations: BRUSSELS, EU, Czech, Le
[1/2] The logo of French media giant Vivendi is seen in Paris, France, January 31, 2022. REUTERS/Violeta Santos MouraBRUSSELS, April 19 (Reuters) - French media conglomerate Vivendi (VIV.PA) is set to win EU antitrust approval to buy Lagardere (LAGA.PA) after its offer to sell Editis and celebrity magazine Gala managed to address competition concerns, people with direct knowledge of the matter said on Wednesday. The European Commission, which is scheduled to decide on the deal by June 14, declined to comment. Vivendi, controlled by billionaire Vincent Bollore, announced the deal last year which would give it control of Lagardere's flagship weekly publications Journal du Dimanche (JDD) and Paris Match. Vivendi is now in talks to sell its publishing division Editis to billionaire Daniel Kretinsky after EU competition enforcers voiced concerns about Lagardere unit Hachette, the world's third-biggest publishing group.
PARIS, April 18 (Reuters) - French shipping group CMA CGM (CMACG.UL) is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday. For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management. Bollore said in a statement that it had agreed to enter into exclusive talks with CMA CGM until May 8. CMA CGM, privately controlled by the founding Saade family, has seen its earnings surge in the past two years on high freight rates and saturated supply chains. Bollore, run by the family of billionaire Vincent Bollore, sold its Bollore Africa Logistics business last year to shipping company MSC Group for 5.7 billion euros.
PARIS, April 11 (Reuters) - French media giant Vivendi (VIV.PA) is set to commit to selling celebrity magazine Gala in a bid to win the European Commission's approval for the acquisition of Lagardere (LAGA.PA), a source close to the matter said on Tuesday. The commitment to the European Commission's antitrust services will be made on Wednesday, the source added. The pledged sale of Gala would be the latest remedy offered by Vivendi, controlled by billionaire Vincent Bollore, as it seeks to secure the takeover of Lagardere's flagship weekly publications Journal du Dimanche (JDD) and Paris Match. Last month Vivendi said it was in talks to sell its publishing division Editis to billionaire Daniel Kretinsky to allay EU antitrust worries, as Lagardere is home to Hachette, the world's third-biggest publishing group. Reporting by Kate Entringer; writing by Mathieu Rosemain; editing by Kirsten Donovan and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Bolloré Jr. readies Vivendi for asset purge
  + stars: | 2023-03-09 | by ( ) www.reuters.com   time to read: +2 min
But the markdown gives Yannick more latitude to end his father’s ill-fated Italian foray while continuing to play hardball to raise the price tag. Here again, the move will give Bolloré junior more freedom to consider offers from potential buyers, which the European Commission will have to approve. At 70, the elder Bolloré, who remains in charge of the family holding that owns a 30% stake in Vivendi, is gradually implementing his succession plan. At 9.8 euros, Vivendi’s stock fails to capture the value of its various investments and trades below an analysts’ target of between 12 to 15 euros. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
BRUSSELS, Nov 22 (Reuters) - Media group Vivendi's (VIV.PA) proposed acquisition of rival Lagardere is likely to face a full-scale EU antitrust investigation, people close to the matter said on Tuesday. The proposed deal would combine France's two biggest publishing groups, Lagardere's Hachette and Vivendi's Editis, and has come in for criticism from rivals including renowned peer Gallimard. The European Commission is expected to launch an in-depth investigation after finishing its preliminary review of the deal on Nov. 30, the sources said. The EU competition enforcer and Vivendi declined to comment. The mass media holding company already owns 57% of Lagardere after a bid for all of the group's shares.
Under the plan, Vivendi's top investor Vincent Bollore would sell all Editis shares he would receive after the transaction, which would consist of a simultaneous distribution of the publishing unit's shares to Vivendi shareholders and its listing. Vivendi wants to sell Editis to secure the takeover of French media group Lagardere. Vivendi's sales totaled 2.58 billion euros ($2.54 billion) in the third quarter, against 2.48 billion euros in the same quarter last year. Vivendi added however that growth at Havas was offset by a slowdown in its pay-TV unit Canal+. Canal+ revenues in the quarter dropped 4.9% at constant currencies and like-for-like, to 1.42 billion euros.
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