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ComediHa! welcomes Quebecor as a strategic partnerQUÉBEC CITY, Nov. 20, 2018 /CNW Telbec/ - ComediHa!, a comedy leader in Québec and across the French-speaking world, is pleased to announce that Quebecor has a acquired a minority interest in the entirety of its assets. Quebecor's expertise and resources, combined with those of the Fonds de solidarité FTQ, a minority shareholder since 2012, will provide ComediHa! with unprecedented support to help propel its growth throughout Québec and internationally, for the benefit of Québec artists and cultural workers. "This is great news not only for ComediHa! and its employees but for the entire comedy industry and the people who work in it," said Sylvain Parent-Bédard, Founding President and CEO of ComediHa! "Within the past few months, we have adopted a strategic plan to help us tackle the many challenges that are transforming the global entertainment industry. Quebecor's arrival will be a powerful driver for our growth and enable ComediHa! to position itself as a comedy industry leader in Québec and the French-speaking world. The new synergies with Quebecor and the Fonds de Solidarité FTQ will enable us to export more Québec cultural content internationally and create new opportunities and better support for artists in our industry." "Quebecor is proud to team up with ComediHa!, an organization that is growing at a remarkable pace and has become one of the most influential players in the booming comedy industry," said Pierre Karl Péladeau, President and CEO of Quebecor. "Together, we will be able to strengthen our positioning in the entertainment industry and leverage our complementary activities to create more new content for more platforms. It will be a pleasure to work with Sylvain Parent-Bédad, a creative and visionary entrepreneur, and his team." "The Fonds de solidarité FTQ has had front-row seats to the recent successes of ComediHa!, having invested in the Agency in 2012," said Gaétan Morin, President and CEO of the Fonds de solidarité FTQ. "Those successes were made possible by the hard work and creativity of Sylvain Parent-Bédard and his entire team. The new partnership announced today will strengthen the position of ComediHa! as a Québec cultural industry leader, at home and abroad." Making people laugh around the world ComediHa! has grown rapidly in the last three years. Its stable of artists and creators under management has expanded significantly, its roster of original television productions and creations has lengthened (notable additions in the last year alone include File d'attente, Comédie sur mesure and Roast Battle), new broadcast platforms have been developed and its reach has increased in all parts of Québec. About ComediHa! Voir la vie en drôle Website: www.comediha.com About Quebecor Québec-based Quebecor (TSX: QBR.A, QBR.B) employs more than 10,000 people in Canada. A family business founded in 1950, Quebecor is strongly committed to the community. Every year, it actively supports more than 400 organizations in the vital fields of culture, health, education, the environment and entrepreneurship. Visit our website: www.quebecor.com About the Fonds de solidarité FTQ
SOURCE ComediHa! |