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The exec will continue to supervise global distribution and will be responsible for supporting the development of Studiocanal in the United States (New York City), reporting to Anna Marsh, CANAL+ Group Deputy CEO and Studiocanal CEO.

The Communication Services Regulatory Unit had already given its approval, both in matters of defense of competition and regulation of the telecommunications market. Ursec maintains that the formation of a consortium "does not constitute a concentration operation because pay TV and streaming are part of the same relevant market",

This new promotion is part of the company’s expansion strategy, and follows the recent majority acquisition of Lighthouse Pictures by Martini Film Studios.

This year marks a significant milestone as the AFM relocates to the Palms Casino Resort in Las Vegas for the first time. Buyer and attendee participation is also running strong since registration opened in mid-June, with participants from 45 countries already registered. Organizers estimate total participation to come from more than 80 countries.

The PwC Global Entertainment & Media Outlook 2024-28 projected the industry revenues to hit $3.4 trillion in 2028, representing double the revenues of 2020.