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Gedeon partners with animation house

Gedeon Programmes now has an edge on competitors, when it comes to animation. Paris-based cartoon house Millimages recently purchased a 50.1% stake in the Saint Ouen-based doc prodco - which specializes in adventure, discovery and science-based programs - in exchange for US$1.19 million in cash, plus stock. Although Millimages holds a majority share, general manager Serge Lafont says his company has no intention of dictating Gedeon's project decisions. 'The good thing about us being in cartoons and Gedeon being in documentaries is that they can keep their freedom, which is important for us.'
March 1, 2002

Gedeon Programmes now has an edge on competitors, when it comes to animation. Paris-based cartoon house Millimages recently purchased a 50.1% stake in the Saint Ouen-based doc prodco - which specializes in adventure, discovery and science-based programs - in exchange for US$1.19 million in cash, plus stock. Although Millimages holds a majority share, general manager Serge Lafont says his company has no intention of dictating Gedeon's project decisions. 'The good thing about us being in cartoons and Gedeon being in documentaries is that they can keep their freedom, which is important for us.'

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