Post players merge

World Brief

MediaPro and Grupo En Efecto are merging post-production businesses to create one of the biggest post service companies in Southern Europe.

MediaPro will take two-thirds of the shares in the as-yet-unnamed firm. En Efecto will own the remaining stake. En Efecto controlling shareholder Juan Jose Nieto will be prexy.

MediaPro is the leading shareholder in Molinare, Mozart and Zeligstudio.

En Efecto’s post houses include Videoefecto, Madpix, Audioclip and Bikini. The company’s activities range from commercials, film and TV post-production to TV graphic design.

Post-production offers slim profit margins, and the sector is fast consolidating to drive down costs and create synergies.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety

Loading