Mediawan: Evolution in the Supervisory Board
September 26 2017 - 12:12PM
Business Wire
- Appointment of Mr Pierre Lescure as
President of the Supervisory Board
- Cooption of Mrs Jacaranda Caracciolo
as independent as Supervisory Board member
Regulatory News:
Mediawan (Ticker: MDW - ISIN: FR0013247137), an
independent European audiovisual content platform, announces that
its Supervisory Board, during its meeting dated 25 September 2017,
has unanimously appointed Mr Pierre Lescure as President of the
Supervisory Board and Mrs Jacaranda Caraccciolo has independent
member of the Supervisory Board.
These appointments occurred pursuant the death of Pierre Bergé,
member and President of the Supervisory Board on 8 September
2017.
Mr Pierre Lescure, radio and TV journalist is a French
businessman. Co-founder of Canal + SA, he held office as its CEO
for 8 years and is President of the Festival de Cannes since
2014.
Madame Jacaranda Caracciolo is an Italian businesswoman
performing in the media area, particularly via the GEDI group, a
major press and radio contributor in Italy. She is appointed as
temporary and independent Supervisory Board member. This cooption
will have to be approved during the next ordinary general
meeting.
Pierre-Antoine Capton, Mediawan’s Chairman states: “The
Supervisory Board wanted to pay a special tribute to Pierre Bergé,
a man of creation, vision and passion, and to thank him for
practicing his office with the commitment and independence that
characterized him. The Supervisory Board members are also pleased
to welcome a new international profile, a well-known figure among
the European press and the media area, as an independent member of
the Supervisory Board.”
About Mediawan
Mediawan was incorporated in December 2015 as a Special Purpose
Acquisition Company (SPAC) for the purpose of acquiring one or more
operating businesses or companies in the traditional and digital
media content and entertainment industries in Europe. The Company
was formed by Pierre- Antoine Capton, Xavier Niel and Matthieu
Pigasse, and raised €250 million in April 2016 from an initial
public offering on the regulated market of Euronext Paris.
In March 2017, Mediawan acquired Groupe AB and became present in
the content and media industries. Founded in 1977, Groupe AB is a
leading independent editor, producer and distributor of audiovisual
content in French-speaking Europe. It is primarily involved in
producing and distributing series, television movies, cartoons and
documentaries and in editing TV channels and bundled digital
services. The group has a portfolio of 19 channels, widely
distributed in French-speaking Europe and Africa. Groupe AB is one
of the largest and most diversified content managers in France,
with about 12,000 hours of programming in library and internal
production of about 80 hours per year. In 2016, Groupe AB achieved
adjusted revenues and EBITDA of, respectively, €160m and €37m.
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