Mediawan, the Paris-based group founded in 2015, has announced the creation of a dedicated French company, Mediawan Alliance, and has submitted a binding offer and entered exclusive negotiations to acquire France’s Lagardère Studios. Further expanding its footprint, Mediawan said it has taken a majority stake in Spanish content producer Good Mood, while Mediawan Alliance would hold a minority stake in German film and TV group Leonine which is backed by New York investment firm KKR.
Mediawan founders Pierre-Antoine Capton, Xavier Niel and Matthieu Pigasse will control the new Mediawan Alliance, supported by financing partners including KKR and France’s MACSF, with the objective to build a leader in audiovisual content creation and distribution.