Canal Plus Joins Havas, Banks For Film Studio

When Gallic pay-tv Canal Plus announced last month that it was setting up its own film studio, the network left one or two questions unanswered – such as who the key investors are in Studio Canal Plus. Last week the answer became clear.

According to the web’s financial director, Claude Ravilly, Canal Plus has a 60% share in the new film production company and has invited longstanding partners to join in the venture. The network’s parent, Havas, has taken a 25% stake and the remainder of the shares are divided between two banks: Societe Generale (10%) and BNP (5%).

Ravilly announced that Canal Plus did not exclude the possibility of parting with 5% of its shares in the future, but he added that the network would remain controlling partner in the studio. Ravilly also indicated that the pay-tv management planned to put Studio Canal Plus on the Paris stock exchange within five years.

Although it is only a matter of weeks since the studio officially saw the light of day, CEO Rene Bonnell has not been idle. Studio Canal Plus now has capital of around 1.5 billion francs ($288 million) per Bonnell.

Last week, Bonnell, international producer Arnon Milchan and Germany’s multimedia entertainment company Scriba & Deyhle revealed plans for a $600 million, 20-pic production slate with Warner Bros. holding distribution rights for everything except foreign tv and pay-tv. VARIETY estimates that Bonnell brought $270 million of the production funding to the table.

More Scene

  • Constance Wu, Jimmy O. Yang. Constance

    Emmys 2018: What You Didn't See on TV

    When Gallic pay-tv Canal Plus announced last month that it was setting up its own film studio, the network left one or two questions unanswered – such as who the key investors are in Studio Canal Plus. Last week the answer became clear. According to the web’s financial director, Claude Ravilly, Canal Plus has a […]

  • Ever Carradine, Madeline Brewer and Chrissy

    Emmys 2018: Inside All the Post-Show Parties

    When Gallic pay-tv Canal Plus announced last month that it was setting up its own film studio, the network left one or two questions unanswered – such as who the key investors are in Studio Canal Plus. Last week the answer became clear. According to the web’s financial director, Claude Ravilly, Canal Plus has a […]

  • House With a Clock in Its

    Cate Blanchett Would Love a Job on Television

    When Gallic pay-tv Canal Plus announced last month that it was setting up its own film studio, the network left one or two questions unanswered – such as who the key investors are in Studio Canal Plus. Last week the answer became clear. According to the web’s financial director, Claude Ravilly, Canal Plus has a […]

  • Director Joe Russo, right, chef Jessica

    Avengers, 'Community' Stars Assemble to Welcome Joe Russo's New Restaurant Simone

    When Gallic pay-tv Canal Plus announced last month that it was setting up its own film studio, the network left one or two questions unanswered – such as who the key investors are in Studio Canal Plus. Last week the answer became clear. According to the web’s financial director, Claude Ravilly, Canal Plus has a […]

  • emmys John Leguizamo72nd Annual Tony Awards,

    John Leguizamo on Hollywood's Future: No More 'Bad Boys Club Behavior'

    When Gallic pay-tv Canal Plus announced last month that it was setting up its own film studio, the network left one or two questions unanswered – such as who the key investors are in Studio Canal Plus. Last week the answer became clear. According to the web’s financial director, Claude Ravilly, Canal Plus has a […]

More From Our Brands

Access exclusive content