French media giant behind Paddington films to list on London stock market

Media and Entertainment Media and Entertainment

Wed, December 11, 2024

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French media giant behind Paddington films to list on London stock market

French media giant behind Paddington films to list on London stock market

^{Published on 2024-12-11 08:24:29 - Express & Star}

Canal+ will debut its shares on the London Stock Exchange on Monday after getting the approval of the shareholders of its owner, Vivendi.

The French media conglomerate, StudioCanal, known for producing the Paddington films, is set to list on the London Stock Exchange. This move aims to raise capital for expansion and to strengthen its presence in the UK market. The listing is part of a broader strategy to enhance its global footprint, leveraging the success of its popular franchises like Paddington, as well as other notable films and TV series. The decision comes at a time when the company seeks to capitalize on the growing demand for high-quality content in the streaming era.

Read the Full Express & Star Article at:
[ https://www.expressandstar.com/entertainment/showbiz/2024/12/10/french-media-giant-behind-paddington-films-to-list-on-london-stock-market/ ]