France’s Éclair Group Raises $16.6M Digital Switch, Development
Here’s some good news for France’s troubled postproduction sector. The Éclair Group has raised €12.4M ($16.6M) to complete its digital transition and speed up development across all of its businesses. The recapitalization was financed by the company’s current management, France’s Fonds de Consolidation et Développement des Entreprises, and by Tarak Ben Ammar’s Quinta Communications. (Ben Ammar had acquired 43% of Éclair back in 2007 and was keen to merge it with his LTC Laboratories but was blocked by the competition authority at the time.) Éclair will also use the funds to strengthen its restoration business and to equip French cinemas in partnership with Deluxe and HP.
OWN Programming Heading Down Under
OWN and Discovery Networks International are planning a weekly block of OWN programming for Discovery Home & Health in Australia. Starting August 4, Aussie viewers will have access to shows that include Oprah’s Next Chapter, Super Soul Sunday, America With Lisa Ling and The Oprah Winfrey Show: Behind The Scenes. The Australia bow will follow the recent UK launch of OWN programming on TLC. (more…)