Announced
Completed
Synopsis
Vivendi-backed Prisma Media, a French media group specializing in the magazine press, online video, and daily digital audience, completed the acquisition of Ici Paris and France Dimanche, celebrity magazines, from CMI France, a French media group. Financial terms were not disclosed. This acquisition marks another tectonic shift in the French magazine industry: Bolloré further consolidates his influence over the entertainment and popular press sectors, while CMI France reduces its exposure to celebrity news.
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