Canal+ group has entered into exclusive negotiations to buy 34-percent stake in UGC, the Paris-headquartered film studio that was founded in 1971 and operates one of France’s leading cinema chains.
Following the acquisition of the minority stake, Canal+ would have the option to take full control of UGC starting in 2028.
UGC, which also comprises a vast library and a talent pool, boasts a cinema chain of 55 multiplexes, including 48 in France and 7 venues in Belgium. In France only, UGC is believed to have 521 screens. One of their theaters in Paris, called UGC Ciné Cité Les Halles, is considered the most visited cinema in
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