Mediawan, a French media conglomerate, completed the acquisition of Lagardere Studios, a creator, distribution and manager of audiovisual content, from Lagardere, a multinational media conglomerate, for $110m. "Lagardère Studios is a key player in the European audiovisual production market. We are very excited at the prospect of working with the terrific Lagardère Studios teams to create new content for the European public," Pierre-Antoine Capton, Mediawan Chairman of the Management Board. On September 21, 2020, Mediawan received regulatory approval from the French Autorite de la concurrence for the acquisition of Lagardere Studios.