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Canal+ buys outstanding Thema shares

June 26, 2016 19.48 Europe/London By Chris Dziadul

Canal+ Group has become the full owner of Thema by acquiring the remaining minority interests in the company.

Meanwhile, Fabrice Faux has been appointed the CEO of Thema, effective July 1. He was previously the finance and business developmemt director at Canal+ Overseas.

Thema’s management team has recently been reinforced with the arrival of Arnaud Verlhac at the head of distribution. Marianne Bédé remains the head of marketing and communication, along with Clémentine Tugendhat the head of content, Thomas Jeanson the head of finance and Patrick Rivet at the head of American development.

At the same time, François Thiellet will remain available to provide Thema with his expertise and wide knowledge of the markets during this new development phase.

Thema expects to generate sales revenues of €40 million this year, split between its three main activities: international TV channels’ distribution, packaging and marketing of multi-cultural TV packs, production and distribution of the channels Nollywood TV, Novelas TV and Gospel Music TV.

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Filed Under: Editor's Choice, Newsline, TV Tagged With: Canal+, France, Thema Edited: 28 June 2016 07:53

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About Chris Dziadul

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