The TDF group sells 80% of the capital of Cognacq-Jay Image, a major player in media services in Europe. The three buyers are experienced directors of Cognacq-Jay Image: Alain Lorentz, Technical Director, Nicolas Basdevant, Operations Director and Philippe Bonpunt, Sales Director. Each of them has in-depth knowledge of the video, audio and data content management and distribution business.
Cognacq-Jay Image serves over 500 customers, including TV channels, telecom operators, VOD platforms and content-owning companies.
This divestment favors the development of Cognacq-Jay Image, enabling it to pursue its business strategy focused on its core activities, media management and exposure.
TDF thus confirms its strategic orientation as an infrastructure operator.
Following this sale, the commercial relationship between Cognacq-Jay Image and the TDF group continues through a partnership which enables TDF to offer, in addition to Cognacq-Jay Image's services and solutions, various services, notably transport, technical hosting and operating support.