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Why the 'French Rupert Murdoch' chose London over Paris

^{Published on 2024-12-15 04:24:19 - The Daily Telegraph}
 

• At a Fortnum & Mason after-party following the premiere of Paddington in Peru, Olivia Colman and Hugh Bonneville were among the guests celebrating the latest instalment of a franchise that for many is the paragon of Britishness...

The article from The Telegraph discusses why Vincent Bolloré, often referred to as the "French Rupert Murdoch," has chosen London over Paris for his business operations. Bolloré, a French billionaire with significant media interests, has been increasingly focusing on London due to several factors. Firstly, the UK's more liberal media ownership laws allow for greater consolidation and control, which aligns with Bolloré's strategy of building a media empire. Secondly, London's status as a global financial hub provides better access to capital markets and a more business-friendly environment compared to France, where regulatory hurdles and political interference in media are more pronounced. Additionally, Brexit has not deterred his interest; instead, it has highlighted London's resilience and attractiveness to international investors. The article also touches on Bolloré's acquisition of Lagardère, which has stakes in media outlets like Paris Match and Europe 1, and how his move to London might be part of a broader strategy to expand his influence in the English-speaking world, potentially eyeing assets like ITV or Sky News.

Read the Full The Daily Telegraph Article at:
[ https://www.telegraph.co.uk/business/2024/12/15/why-french-rupert-murdoch-chose-london-over-paris/ ]

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