Vivendi’s Canal+ Acquires African Film Studio ROK to Help Cut Losses in France
Vivendi’s Canal+ acquired Nigeria’s largest film production house ROK, expanding into Africa’s growing “Nollywood” film industry while it fights rising competition at home. The deal by France’s pay-TV giant Canal+, according to Reuters, is the first international acquisition in Nollywood. Lagos-based ROK, founded by actress and producer Mary Njoku, started as an original content incubator […]