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Canal+ Group Buys Stake in African TV Production Company Marodi TV
Canal+ Group has acquired a stake in Marodi TV, a leading purveyor of TV series across Africa and a force within the continent's creative economy.
The deal pursues Canal + and Marodi’s ongoing partnership, as well as further strengthens the Paris-headquartered company’s position in French-speaking Africa, where Canal+ produces over 4,000 hours of African content and has 30 channels dedicated to the continent in 10 languages. “Based in Senegal, this producer benefits from an artistic, technical, linguistic, and climatic environment that is particularly conducive to audiovisual production,” said Fabrice Faux, director of channels and content at Canal+ International. Serigne Massamba Ndour, Marodi TV CEO, said the “alliance will enable us to strengthen our production and broadcasting capabilities and export our model across the continent.”
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