Vivendi Revenues Up Despite French TV Struggles

In right now’s Global Bulletin Vivendi’s 2020 funds are up 2.4%, the Young Artist Academy declares this yr’s award recipients, All3Media picks up “A World of Calm,” West End Films sells “Rams” in key territories and Fremantle promotes Seb Shorr.

FINANCE

In a yr marked by the coronavirus pandemic, Vivendi noticed its consolidated revenues go up by 2.4% to €11.6 billion ($13.7 billion) in the course of the first 9 months of 2020, and up 1.3 % in the course of the third quarter.

The group’s subscription-based actions, particularly at Universal Music Group and to a lesser extent Canal Plus Group, have bolstered Vivendi’s revenues. Canal Plus Group’s revenues had been up 6.6% for the primary 9 months of 2020 and up 7.3% for the third quarter of 2020. The firm’s worldwide actions grew a powerful tempo with revenues from worldwide operations rising by 27.4%. The addition of 1.2 million subscribers all over the world, and the mixing of M7, a number one pay-TV firm in Europe working in Benelux and Central Europe, in addition to the launch in Myanmar, boosted the corporate’s outcomes.

On the draw back, the pandemic impacted the revenues from TV operations in mainland France, in addition to Studiocanal’s revenues which dropped by 19.6% in comparison with the identical interval in 2019, because the filming and distribution of flicks had been affected by the well being disaster. During the primary 9 months of 2020, Vivendi’s web monetary debt fell to €3.1 million ($3.7 million) as of Sept. 30., in contrast with €4.1 million ($4.8 million) final yr.

Vivendi boasts a big financing capability with long run credit score strains out there within the quantity of €3.1 billion ($3.7 billion). It just lately acquired 28.3% of the share capital and 21.5% of the voting rights of the French media group Lagardère SCA.

AWARDS

The Young Artist Academy has introduced this yr’s particular benefit recipients to be honored on the Academy’s forty first award ceremony on Nov. 21.

Patrick Stewart will obtain the Academy’s Lifetime Achievement award, to be offered by mates, co-stars and former First Officers Jonathan Frakes (“Star Trek: The Next Generation”), Ian McKellen and “Star Trek” franchise proprietor Eugene “Rod” Roddenberry, son of creator Gene Roddenberry and common featured actor Majel Barrett. Roddenberry may also obtain the Contribution to Science Award, offered by “Star Trek: Original Series” star George Takei.

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Best Ensemble Cast might be offered by Scarlett Johansson, a Young Artist Academy alumna herself, to her “Jojo Rabbit” co-stars Roman Griffin Davis, Thomasin McKenzie and Archie Yates. Kelsey Grammer might be honored with the Icon Award, offered by “Frasier” co-stars David Hyde Pierce and Jane Leeves. Bill Mumy, Will Robinson within the 1960’s authentic “Lost in Space” collection, will current the Community Leadership Award to Maxwell Jenkins, who performs the identical position in Netflix’s reboot.

The forty first Young Artist Academy Awards would be the first held digitally, streamed on YouTube and out there on VivaLiveTV.

SERIES

All3Media will accomplice for the primary time with Jane Root’s factual manufacturing shingle Nutopia to distribute “A World of Calm,” based mostly on the favored Calm app.

Produced for HBO Max within the U.S. and that includes an A-list cast of narrators: Mahershala Ali, Priyanka Chopra Jonas, Idris Elba, Oscar Isaac, Nicole Kidman, Zoë Kravitz, Lucy Liu, Cillian Murphy, Keanu Reeves and Kate Winslet, the collection invitations its viewers to calm down with “bedtime tales for adults” and gorgeous visuals.

Under the deal, All3Media will deal with worldwide distribution exterior of the U.S. and Latin America. The collection is a collaboration between the Calm app and Nutopia. Jane Root, Nicola Moody, Michael Acton Smith and Chris Advansun function govt producers, and Sara Brailsford and Fiona Caldwell as co-executive producers.

DISTRIBUTION

London-based West End Films has secured a raft of offers in key territories for “Rams,” the English-language remake of 2015 Cannes Un Certain Regard winner “Hrútar,” starring Sam Neil (“Jurassic Park”).

In the U.S., Samuel Goldwyn Films will distribute the movie, directed by Jeremy Sims (“Last Cab to Darwin”) whereas offers had been additionally closed with Signature Entertainment within the U.Okay., Koch Media in Germany and Italy, Paradise (Russia and the Baltics), Canal Plus (Poland), Phoenicia Pictures (Middle East), Jetsen Huashi Media (China), MCF Megacom Film (former Yugoslavia) and Encore for airways.

Village Roadshow will distribute in Australia, the place the movie obtained funding from Screen Australia, Screenwest and the Western Australian Regional Film Fund.

“Rams” was tailored by Jules Duncan and produced by Janelle Landers and Aidan O-Bryan from WBMC.

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RAMS starring Sam Neill: Photo Credit Merlyn Moon We Are Wasted Pty Ltd
Credit: Alex Gott-Cumbers

PROMOTION

Fremantle has promoted Seb Shorr to govt vice chairman of business and enterprise affairs for the corporate’s scripted enterprise.

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Seb Shorr
Credit: Hermione

Shorr might be liable for supporting the corporate’s drama labels in negotiations of growth, co-development and co-production for scripted content material. In the position, he’ll work intently with Fremantle’s just lately promoted president of worldwide drama Cristian Vesper and the corporate’s worldwide workforce. He may also oversee negotiations for first look and expertise offers and scripted IP acquisitions.

Since 2017, Shorr has been head of authorized and enterprise affairs for worldwide co-production at Fremantle after becoming a member of the corporate from Lookout Point, the place he was head of enterprise affairs.

Source: variety.com

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