March 11, 1998 |
Generale des Eaux has offered $5.6 billion to buy Havas, France's biggest media company, and Havas Chief Executive Pierre Dauzier has been replaced. Generale des Eaux, a water and sewerage utility placing increased emphasis on communications, said it would move quickly to cut costs at Havas, the main shareholder of Europe's biggest pay-television company Canal Plus and publisher of weekly news magazine L'Express.
August 27, 1997 |
There are two running themes at the coolly elegant offices of French multimedia giant Havas, located just off the glittery Champs Elysee between a computer store and a corner cafe. Havas is big, and it has a global strategy. As the world's fifth-largest communications group, Havas did nearly $9 billion worth of business last year, yielding $1.2 billion in profit in a country often stereotyped by the small family business. Havas is anything but family, though it does boast some cozy partnerships.
May 23, 1995 |
* Publishing: K-III Communications agreed to sell for an estimated $20 million the monthly movie industry magazine Premiere to French publisher Hachette Filipacchi Magazines in partnership with billionaire Ronald O. Perelman's New World Communications Group Inc. The new venture, Premiere Publishing Co., will be a subsidiary of Hachette Filipacchi Presse and will manage the magazine. New World plans to use its ties to Premiere to develop TV shows built around celebrities covered in the magazine.