Paris, January 17, 2019
Lagardère announces the beginning of exclusive negotiations for the sale of Billetreduc.com
Billetreduc.com is the subject of exclusive negotiations with the Fnac Darty group, through its subsidiary France Billet, with a view to finalizing an agreement during the first quarter of 2019. This project will be submitted to the representative bodies concerned.
Leading the distribution of tickets for "last minute" events in France with 2 million customers and almost € 8 million in revenue, the Billetreduc.com online platform is a reference in the theater segment, and receives more than 140,000 critics per year .
Billetreduc.com would provide France Billet, a specialist in cultural ticketing and entertainment, with a complementary ticket offer to the growing last minute market, allowing it to attract a new audience, increase its attractiveness to the event organizers and strengthen its action by cultural diversity, the discovery of new talents and access to culture for all audiences.
Investor Relations Contact
The Lagardère Group is one of the world leaders in the publishing, production, distribution and distribution of content, whose strong brands generate and serve qualified audiences thanks to their virtual and physical networks.
It is structured around four professions: Books and eBooks; Retail travel; Press, Audiovisual, Digital and Advertising; Sports and Entertainment.
The reference market for Lagardère shares is Euronext Paris.