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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
Daniele Alcinii is a news reporter at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joins the rs team with journalism experience following a stint out west with Sun Media in Edmonton's Capital Region, and communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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