Vivendi Inaugurates the Very First CanalOlympia Cinema and Live Performance Venue in Cameroon
June 14 2016 - 6:29AM
Business Wire
Regulatory News:
Vivendi (Paris:VIV) today inaugurated the first of its
CanalOlympia cinema and live performance venues in Africa, located
in Yaounde (Cameroon). This new entertainment hall will be part of
a network of several dozen such venues to be opened across Central
and West Africa. Additional CanalOlympia locations will launch in
Benin, Guinea, Senegal and Togo in the coming months.
The CanalOlympia venues have a unique architectural design which
permits them to accommodate 300 people indoors and several thousand
outdoors. They are outfitted with state-of-the-art digital
projection and sound equipment and are eco-friendly. In Yaounde for
example, the entire building is powered by 720 m2 of solar
panels.
The CanalOlympia brand refers to two of the Group’s flagship
brands. The venues will benefit from Canal+’s wealth of rich
content and its well established presence in Africa, as well as
from the experience and expertise gained from owning and operating
the legendary Parisian venue L'Olympia.
With the CanalOlympia network, which is part of Vivendi Village,
the Group intends to create new spaces dedicated specifically to
entertainment and culture in Africa. CanalOlympia is an important
springboard for local talent. It aims to reveal African artists by
producing them, giving them audience exposure and enabling them to
shine throughout Africa.
About Vivendi
Vivendi is an integrated media and content group. The company
operates businesses throughout the media value chain, from talent
discovery to the creation, production and distribution of content.
The main subsidiaries of Vivendi comprise Canal+ Group and
Universal Music Group. Canal+ is the leading pay-TV operator in
France, and also serves markets in Africa, Poland and Vietnam.
Canal+ operations include Studiocanal, a leading European player in
production, sales and distribution of film and TV series. Universal
Music Group is the world leader in recorded music, music publishing
and merchandising, with more than 50 labels covering all genres. A
separate division, Vivendi Village, brings together Vivendi
Ticketing (ticketing in the UK, the U.S and France), MyBestPro
(experts counseling), Watchever (subscription video-on-demand),
Radionomy (digital radio), the Paris-based concert venue L’Olympia,
the future CanalOlympia venues in Africa and the Theatre de l
‘Oeuvre in Paris. With 3.5 billion videos viewed each month,
Dailymotion is one of the biggest video content aggregation and
distribution platforms in the
world.www.vivendi.com, www.cultureswithvivendi.com
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