SPAIN / Lagardère Active majority shareholder in Grupo BTV

LBTV

Lagardère Active has announced the acquisition of an 82% stake in Grupo Boomerang TV (Grupo BTV). The remaining 18% are still owned by the founding members, who will continue the daily management of the Group. Created in 1998, Grupo BTV is a leading independent Spanish producer for broadcasting (drama and once-only TV) and has initiated developments in several Latin American countries. In 2014 the company had a turnover of €42.4 million. With 23 drama programmes and over 100 entertainment programmes in its catalogue, Grupo BTV is a content provider and major partner of the main Spanish broadcasting groups (Atresmedia Mediaset España and RTVE).

Source: communiqué de presse Lagardère

 

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