TF1 (EPA:TFI) - THE TF1 GROUP IS CONSOLIDATING ITS UNIQUE POSITION IN THE FRENCH MUSIC MARKET BY INCREASING ITS STAKE IN PLAY TWO

Transparency directive : regulatory news

09/07/2019 17:58

Press release

Boulogne, July 9th 2019

THE TF1 GROUP IS CONSOLIDATING ITS UNIQUE POSITION IN THE FRENCH MUSIC MARKET
                     BY INCREASING ITS STAKE IN PLAY TWO

Following an exceptional Board meeting held today, the TF1 Group announces the
early exercise of its option to increase its stake in Play Two, taking a
majority interest of 51%.

Play Two, a music production and entertainment company founded in October 2016
by Julien Godin and Sébastien Duclos, has been the leading French independent
label since 2017. The company supports the careers of popular artists such as
Gim's, MC Solaar, David Hallyday, Trois Cafés Gourmands and Kids United.

This movement is further illustrating TF1 Group's ambition to be a leading
partner of the music industry and its talents, through the exposure of French
and international talents on its channels, notably TF1 and TMC, and via its
music-related subsidiaries: TF1 Musique (partnerships with record companies and
artists' producers), TF1 Spectacle (partnerships on live shows and with major
event producers), Une Musique (music publishing and the Kaptain music library),
and STS (management of the Seine Musicale venue).

Gilles Pélisson, Chairman and CEO, commented: "By strengthening our position
in the music industry, we are once again affirming our ambition to be a key
player in the entertainment industry. With Play Two, a growing label, we
confirm our determination to play an even more active role in the artistic
world by supporting innovative projects and very unifying talents. "

Julien Godin and Sébastien Duclos, co-founders of Play Two, commented: "In
just a few months, Play Two has become a central player in the music and
entertainment industry. Strengthening the TF1 group's stake in Play Two will
enable the company to accelerate its development and offer artists and
producers an even more efficient and tailored structure to keep pace with
changes in the music and entertainment markets."

About the TF1 group
The TF1 group is the leading private-sector television broadcaster in France,
with five unencrypted channels (TF1, TMC, TFX, TF1 Séries Films and LCI) and
four pay-TV theme channels (TV Breizh, Histoire, Ushuaïa and Serieclub, the
last of which is 50% owned). The Group is adding a highly effective digital
dimension to its channels on MYTF1, and video-on-demand offers via MYTF1VOD and
TFOU MAX.
The TF1 group is also present in the production and distribution of content,
mainly via Newen. The Group has also extended its digital footprint, in
particular through the acquisition of the aufeminin group in April 2018. This
led to the creation of the Group's digital division, Unify, built around well-
known brands such as Marmiton, MyLittleParis and Doctissimo.
The TF1 group operates a wide range of businesses in key entertainment and
leisure fields with TF1 Entertainment (TF1 Musique, TF1 Spectacle, licences and
publishing, board games), and in the film industry with TF1 Films Production
and TF1 Studio.
The TF1 group currently has a presence in 10 countries and employs 3,135
people.
The TF1 group is quoted on the Paris stock exchange (Euronext Paris:
ISIN FR0000054900).

                                   TF1 GROUP
       VP COMMUNICATION AND BRANDS - Maylis CARCABAL - mcarcabal@tf1.fr -
                                 01 41 41 49 23
         CORPORATE COMMUNICATIONS - Coline PECHERE - cpechere@tf1.fr -
                                 01 41 41 34 88
                INVESTOR RELATIONS - comfi@tf1.fr @GroupeTF1

TF1's latest news

02/04/2024 18:09

TF1 (EPA:TFI) - THE TF1 GROUP IS CONSOLIDATING ITS UNIQUE POSITION IN THE FRENCH MUSIC MARKET BY INCREASING ITS STAKE IN PLAY TWO

Transparency directive : regulatory news

TF1's latest news

Other stories