Magazine article Screen International

Ymagis Takeover of Eclair Group Cleared

Magazine article Screen International

Ymagis Takeover of Eclair Group Cleared

Article excerpt

Digital cinema technologies specialist Ymagis Group has had its takeover bid to acquire the Eclair Group's business accepted by the Nanterre Commercial Court.

The move comes as Eclair face an uncertain future in the wake of declining revenues. The company, originally established in 1907, previously made a large portion of its income from photochemical work and, according to Ymagis, has struggled to adapt "to the transition of the whole industry from film print to digital".

As part of the takeover, Ymagis will create two new subsidiaries with a view to developing them internationally: Éclair Media SAS, which will absorb Éclair's content distribution and localisation services; and Éclair Cinema SAS, which will be responsible for post-production and restoration. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.