Channel+ Enter negotiations to obtain a minority share in UGC

France’s Canal+ announced on Tuesday that it had entered into UAC negotiations to obtain a 34 % minority stake in the historic French film company.

After acquiring the minority share, Canal+ option, after agreeing with UGC shareholders, will have full control of UGC from 2028.

UGC is a prominent French production group and a group of audiovisual production with one of the most powerful cinema chains in France, content libraries, and talent networks.

The group runs one of the largest cinema chains in France, with 48 French theaters in total and seven other sites in Belgium. Between generating and dozens of millions of acceptance every year.

The pioneering multiplex in Paris, Ugc Ciné Cité Les Halles, one of the most visited cinema in the world.

A famous, highly performance -performance UGC content library includes a popular comedy library and privileges Serial wedding parties (bad) ((Qu’est Ce qu’on a fait au bon dieu), Classic distinctive Emily And TV series such as Worldwide Hits Hpi – High Possibilities and Soleil noir – under the dark sunlight.

The French TV giant for the French payment is currently 27 million subscribers in 52 countries.

Its internal studios, Studiocanal, is one of the leading film studios and television in Europe, with one of the largest catalogs, which displays IPS like Badtington and Bridge Jones.

Canal+ said that the signing of the proposed transaction will be subject to information and consultation between the representative bodies of employees.

“Since its establishment in 1984, the channel+ the first partner and French and European cinema supporters have been,” said Canal+ Maxime Saada.

“UGC has built a wonderful network of theaters, an exceptional content of the content and the outstanding IP. The growth of study studies, led by Anna Marsh, is a priority for the channel+ group, and combines our works with UGC from the possibility of including this development.