Believe Société anonyme (ENXTPA:BLV) acquired 25% stake in PLAY TWO from Télévision Française 1 Société anonyme (ENXTPA:TFI) on November 3, 2021. Believe values Play Two at just under €50 million on a 100% basis. The two founders of the label, Sébastien Duclos and Julien Godin, will remain in charge as managers.

Believe Société anonyme (ENXTPA:BLV) completed the acquisition of a 25% stake in PLAY TWO from Télévision Française 1 Société anonyme (ENXTPA:TFI) on November 3, 2021. Duclos Thorne Mollet Vieville Et Associ acted as legal advisor to founders and managers of PLAY TWO.