News: Is JCDecaux going public?
According to the Financial Times, the French outdoor advertising group JCDecaux is planning to go public on the Paris Stock Exchange in late June.
According to the Financial Times, French outdoor advertising group JCDecaux is eyeing a listing on the Paris stock exchange at the end of June.News Will JCDecaux go public?
The Group had already made an attempt to go public last year, but cancelled it in October due to the unstable market. Now, 15 to 20 percent of the shares are to be placed with the public. The hoped-for capital flow of around one billion euros is to be used to finance further expansion.
Sports rights at RTL and Canal Plus Bertelsmann subsidiary RTL Group and Canal Plus Group, which belongs to Vivendi, are combining their sports rights businesses. RTL brings UFA Sports into the new group, Canal Plus its subsidiary Sport Plus. Included is Groupe Jean-Claude Darmon, in which RTL holds 28 percent. A name for the new company is still being sought.
Turner places products in reruns The U.S. television group Turner Broadcasting System wants to tap new sources of revenue. In the future, product placement will be sold retrospectively in older TV series that are repeated on TNT. The process, developed by Princeton Video Image, is to be used for the first time when the reruns of the police series "Law & Order" begin in a month's time. Thanks to Princeton's technology, products can be placed on a desk or even in an actor's hand.
Ferrari boss heads publishers' association Luca di Montezemolo, president of carmaker Ferrari, is to become the new chairman of the Italian newspaper publishers' association FIEG. Spurred on by Ferrari's double victory in Monte Carlo the previous day, Montezemolo said in his inaugural speech that he hoped to win "joint races" in the sector as well. In the 1980s, the Agnelli apprentice already headed the publishing house Itedi, publisher of the Turin daily La Stampa.
The Group had already made an attempt to go public last year, but cancelled it in October due to the unstable market. Now, 15 to 20 percent of the shares are to be placed with the public. The hoped-for capital flow of around one billion euros is to be used to finance further expansion.
Sports rights at RTL and Canal Plus Bertelsmann subsidiary RTL Group and Canal Plus Group, which belongs to Vivendi, are combining their sports rights businesses. RTL brings UFA Sports into the new group, Canal Plus its subsidiary Sport Plus. Included is Groupe Jean-Claude Darmon, in which RTL holds 28 percent. A name for the new company is still being sought.
Turner places products in reruns The U.S. television group Turner Broadcasting System wants to tap new sources of revenue. In the future, product placement will be sold retrospectively in older TV series that are repeated on TNT. The process, developed by Princeton Video Image, is to be used for the first time when the reruns of the police series "Law & Order" begin in a month's time. Thanks to Princeton's technology, products can be placed on a desk or even in an actor's hand.
Ferrari boss heads publishers' association Luca di Montezemolo, president of carmaker Ferrari, is to become the new chairman of the Italian newspaper publishers' association FIEG. Spurred on by Ferrari's double victory in Monte Carlo the previous day, Montezemolo said in his inaugural speech that he hoped to win "joint races" in the sector as well. In the 1980s, the Agnelli apprentice already headed the publishing house Itedi, publisher of the Turin daily La Stampa.
