SIRIUS MEDIA (formerly METADVERTISE): SIRIUS MEDIA enters into exclusive discussions with OONA with a view to acquiring a majority stake – 01/18/2024 at 6:30 p.m.


Press release

Paris, January 18, 2024 at 6:30 p.m.

SIRIUS MEDIA enters into exclusive discussion

with OONA with a view to acquiring a majority stake

SIRIUS MEDIA

announces that it has entered into exclusive discussions with the company OONA, specialized in 2D/3D creation and mobile games, with a view to taking a majority stake in the company’s capital (51%). The founder and main shareholder, Steeve Attali, has established himself in video games, digital marketing, mobile application development and recently, in animation studios.

OONA

formerly Rec’im is a profitable start-up based in Lyon which has its own 2D/3D animation studio whose management is made up of big names in the industry. The OONA studio has been collaborating for many months with the Triple A/PM SA teams on the design, marketing and merchandising of the animated films “Zak & Wowo, the legend of Lendarys” which is scheduled for release in the spring 2024, and “Urban Jungle”.

Furthermore, OONA has reinvented shopping thanks to gamification. Its eponymous mobile application allows users to earn cash and gifts by playing in-app games, while enjoying exclusive benefits when visiting and shopping at OONA partner stores. Thanks to the partnership signed with the neo-bank

Revolut

it is possible to transform the earnings from the application into money to spend in any store in the world.

Always looking for innovation and creativity, OONA has an R&D and Artificial Intelligence (AI) department to support its activities and plans to establish itself in Paris, Montreal and Dubai.

The OONA company also owns:

  • 40% of the company

    Guess What,

    specializing in digital marketing, brand identity, graphic design, 2D/3D video production and experiential activations

  • 10% of the company

    Aware Corp

    : studio specializing in the design of mobile video games inspired by talents/celebrities who wish to contribute to real charitable causes. The company has signed a 5-year licensing contract with actor Jean-Claude Vandamme for the development of a game in his image which will highlight his fundamental values ​​to his community.

This integration will allow Sirius Media to internalize the production of its animated films and, at the same time, reduce its operational costs. The Group will also be able to rely on the expertise of OONA and its subsidiaries to develop the merchandising of its animated films (video games, promotional visuals, etc.). This operation confirms the Group’s desire to pursue its targeted external growth strategy and develop its international activities in order to position itself as a major player in the European audiovisual sector.

The finalization of this operation should take place during the 1

er

quarter 2024, subject to the lifting of all conditions precedent.

About SIRIUS MEDIA

SIRIUS MEDIA is a group specializing in audiovisual production (feature films, animated films, TV series, advertisements, etc.). In December 2022, the Group acquired one of the French leaders in the sector, the Triple A/PM SA group, which collaborates with the largest broadcasters (Canal+ Groupe, Lagardère, the TF1 Group, France Télévisions, Orange, M6 Group, TV5 Monde and Netflix). With more than 25 years of experience in audiovisual production and a catalog of more than 600 hours of content, SIRIUS MEDIA aims to ultimately become a major player in the media and entertainment industry in France and in Europe.

SIRIUS MEDIA is listed on Euronext Growth Paris (FR0010812230 – ALSRS) and eligible for PEA-PME.

Contact Sirius Media

AELIUM FINANCE – Press/Investors


Solène Kennis

+33 (0)1 75 77 54 68

[email protected]


This publication has the “🔒 Actusnews SECURITY MASTER” service.


– SECURITY MASTER Key:

lnBsY8qcY27InmmfkppumGlmbm5lxmCVaJKYyWduZcyZmW6UymxomMabZnFknGxq

– To control this key:

https://www.security-master-key.com.



Regulated information:


Inside information:

– Issuer operations (acquisitions, disposals, etc.)


Full and original press release in PDF format:

https://www.actusnews.com/news/83774-cp_sirius_exclu_oona_vd.pdf

© Copyright Actusnews Wire

Receive future company press releases free of charge by email by subscribing to www.actusnews.com



Source link -86