Vivendi in Negotiations to Acquire French Publisher Prisma Media

, the parent company of Canal Plus and Universal Music Group, has entered exclusive negotiations with Gruner + Jahr/Bertelsmann to acquire 100% of Prisma Media, a leading publishing group in France.

Vivendi has ramped up its position in the publishing field in the last couple of years with the acquisition of the Editis, a prominent French-language publishing group, and recently bought a 26.7% stake in Lagardere, a publishing and retail group whose top assets include Hachette Livre, the largest publishing company in France and the world’s third largest trade and educational publisher.

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Vivendi Finalizes Acquisition of Leading Publishing Group Prisma MediaVivendi, the parent company of Canal Plus and Universal Music Group, has finalized its acquisition of Prisma Media, a leading publishing group in France. Under the deal, Vivendi has acquired 100% o…
Source: Variety - 🏆 108. / 63 Read more »