Strictly Come Dancing star Vito Coppola claims he made a photography error with winner Ellie Leach after she and co-star Bobby Brazier were snapped leaving a hotel together.
12.01.2024 - 11:50 / deadline.com
Canal+ has officially upped its stake in Viaplay to 29% after the rubberstamping of the against-the-ropes Scandi outfit’s recapitalization program.
The plan, which was first introduced to shareholders several weeks ago, was agreed on Wednesday and will see Canal+ and investment firm PPF take around a 29% stake each.
Effectively, Viaplay has been rescued from collapse but at a price for its existing owners, who have had shares diluted.
Vivendi-owned Canal+ initially took a 12% stake in July, coming on the day that Viaplay Group announced it would be making at least 25% of its workforce redundant – a figure that has since risen to around 30%.
The plan involves raising 4 billion Swedish crowns ($391 million) in new equity, writing down 2 billion crowns in debt and renegotiating the terms of debt totalling 14.6 billion crowns.
“This means that the recapitalisation programme for Viaplay Group proposed by the Board of Directors on 1 December 2023 can progress according to plan, as the EGM resolved in accordance with the Board of Directors’ proposals to the EGM as part of the recapitalisation programme,” said a Viaplay statement, which included further details of the recapitalization.
The move concludes a terrible few months for Viaplay. In June, CEO Andres Jensen stepped down with immediate effect due to the deteriorating financial situation and was replaced straight away by Jorgen Madsen Lindemann, the ex-CEO of Viaplay’s former parent company MTG.
Lindemann has acted with haste, forging the brutal redundancy plan and pulling out of less crucial markets such as the UK, U.S. and Baltics, while massively reining in spending especially on splashy scripted originals. The group has also revised financial targets several
Strictly Come Dancing star Vito Coppola claims he made a photography error with winner Ellie Leach after she and co-star Bobby Brazier were snapped leaving a hotel together.
Ha! It’s one thing for an audience member to mix two actors’ names up while watching the opening credits and wondering how the heck baby Tom Holland is in 2001’s Gosford Park. It’s quite another for the accounting department to make that mistake!
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TMZ, revealing that he died on Friday (January 12) at his home in Del Mar, California. At the time of publishing, Musser’s cause of death has yet to be announced. Musser has also shared numerous reports of Musser’s death on her Instagram stories.“RIP to the love of my life,” Press wrote in a series of Instagram Stories, which also included photos of them throughout their time as a couple.
Alec Musser has sadly passed away.