Canal+ Group has acquired a majority stake in Studio Bagel, the leading network of comedy channels on YouTube in France.

Created in 2012, Studio Bagel regroups some of the most popular talents on YouTube and produces much-followed channels, such as Studio Bagel, Les Tutos and Le Dezapping.

Overall, its channels tally nearly six million subscribers and more than 40 million viewed videos each month.

The acquisition of a stake in Studio Bagel marks a key milestone in the development of Canal+ Group on over-the-top Internet, a major platform for new forms of entertainment, especially among young audiences. With Studio Bagel, Canal+ Group is adding to its existing business a leading production unit in these new formats and forms of expression. At the same time, it is growing its pool of talents, while stepping up its ability to detect and promote new talents for its web activities, as well as its broadcast operations.

Canal+ Group has also acquired a minority stake in Maker Studios, the leading producer and distributor of online video in the US.

 

>> See the press release