Newen completed the acquisition of a 65% stake in iZen from Vocento- backed Veralia and Iniciativas Digitales for €20m.

Newen, a France-based multimedia content distribution company, completed the acquisition of a 65% stake in iZen, an audiovisual production company, from Vocento-backed Veralia and Iniciativas Digitales, mass media company, for €20m. "The arrival of iZen in the Newen group marks a major step in our development. These new talents will strengthen the group’s creativity. It is a pleasure to work with Jose, Sara and their teams, whom we know well from previous collaborations. Newen is present in all genres and in many more territories to come. With this acquisition, we are now one of the major European players in production and distribution." Romain Bessi, Newen Managing Director.