Fimalac acquires 98% of Allociné
Parent Category: 16-07-2013
Following talks with the shareholders of Allociné, the French investment fund Fimalac has announced the acquisition of 98% of the online platform for a total of €66.9 million.
The platform, which offers news about movies and TV series, was formerly owned by the US fund Tyger Global.
Allociné claims 25 million unique visitors per month on both its Web and mobile platforms and has extended its reach to five international countries.
The trailer platform posted €20 million in revenue in 2012.