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Mediawan takes majority stake in CC&C

French acquisitions firm Mediawan has completed the purchase of Paris-based factual prodco Clarke Costelle & Co (CC&C), while also taking the remaining 35% minority stake in Luxembourgish TV channel RTL9 ...
July 21, 2017

French acquisitions firm Mediawan has completed the purchase of Paris-based factual prodco Clarke Costelle & Co (CC&C), while also taking the remaining 35% minority stake in Luxembourgish TV channel RTL9 it didn’t previously own.

Mediawan has acquired an 80% stake in CC&C, the producers of colorized historical archive documentaries such as Apocalypse (pictured), from its founders and shareholders. Through the deal, CC&C will operate under the eye of French indie producer, distributor and aggregator Groupe AB, which was acquired by Mediawan in March.

CC&C’s founders Daniel Costelle, Isabelle Clarke and Louis Vaudeville will retain a 20% stake in the company and will continue to develop the Apocalypse brand. The trio will also be involved in the editorial strategy for Toute l’Histoire, the French television channel based on historical documentaries.

In January, Mediawan moved to acquire Groupe AB for approximately US$289 million (€270 million). The deal later closed in March and positioned Mediawan as the second-largest pay-TV broadcaster in France.

In addition, Groupe AB has acquired the remaining 35% of minority interests in RTL9 – an entertainment channel shown internationally to viewers in Luxembourg, France, Monaco, Belgium and francophone Switzerland – from RTL Group’s CLT-UFA.

Groupe AB had previously taken a majority stake in RTL9 in 1998.

About The Author
Selina Chignall joins the realscreen team as a staff writer. Prior to working with rs, she covered lobbying activity at Hill Times Publishing. She also spent a year covering the Hill as a journalist with iPolitics. Her beat focused on youth, education, democratic reform, innovation and infrastructure. She holds a Master of Arts in Journalism from Western University and a Honours Bachelor of Arts from the University of Toronto.

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