MONTREAL – Quebecor Media’s TVA Group closed its previously announced $19.5 million acquisition of the Incendo Group, a Montreal-based producer and distributor of TV shows for international markets.
“This acquisition will help us step up our international development and expand our footprint, especially in English-language markets,” said France Lauzière, president and CEO of TVA Group and chief content officer of Quebecor Content, “while enabling Incendo to further develop its already thriving production and export activities.
Incendo produces high-quality television programs and distributes them internationally. Since its inception in 2001, Incendo has produced movies and TV series that have been sold around the world, including the series Versailles available through Canal+, HBO Canada and Netflix.
“In what is now a global content creation industry, Incendo has succeeded for 18 years in producing and distributing, here and around the world, high-quality dramas that have been enjoyed by tens of millions of television viewers, thanks to the expertise and experience of its people, of Quebec artists and professionals, of its Canadian and international partners, and its management team,” said Jean Bureau, president of Incendo, in a prior release announcing the sale. “My team and I are very enthusiastic about joining TVA Group to continue expanding our production and export activities and accelerate our growth.”
