Broadcast-streaming. Mediawan is the Paris-based parent of the €160m-revenue Groupe AB which has a portfolio of 19 channels in French-speaking Europe and Africa. Aton Soumache and Dimitri Rassam’s ON Entertainment is a European producer of animated content for children and families via broadcast, movies and digital (including The Little Prince, and Miraculous Ladybug). Price was earlier rumoured to be €100m.
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Mediawan agrees to acquire 51% of ON animation
