Vue Names Ian Fraser As Chair
Former Kwik Match CEO Ian Fraser is the brand new Non-Exec Chairman of British cinema chain Vue. He succeeds Stella David, who’s exiting to run playing biz Entail. Fraser is presently working for infrastructure enterprise M Group Providers, however is greatest generally known as CEO of automobile servicing enterprise Kwik Match and COO of Orange UK. He takes up his new submit on June 1, main a non-exec board additionally together with Katrina Cliffe, Henry Birch and Tom Singer and dealing alongside Vue CEO Tim Richards, CFO Alison Cornwell and COO Matt Eyre. Vue not too long ago underwent a debt restructuring that noticed about £50M ($63.5M) of debt transformed into fairness. This got here after The Hollywood labor strikes, which hit cinema operators laborious. Nonetheless, the likes of Dune: Half Two and Kung Fu Panda 4 have helped the sector bounce again in 2024. UK-based Vue has effectively over 200 multiplexes in Europe and Taiwan.
BBC Studios Provides To Exec Staff
BBC Studios, the business wing of the BBC, has employed Susannah Clark as Chief Communications and Advertising and marketing Officer. She additionally joins the manager committee when she begins the newly-created position in August, reporting to CEO Tom Fussell. Clark joins from trend platform Farfetch, the place she was EVP of Communications for seven years. She has additionally headed up comms for Sweet Crush proprietor King Digital Leisure and MoneySuperMarket.com. She joins in a giant yr for BBC Studios, with the new-look Physician Who not too long ago launching on the BBC and Disney+ and youngsters model Bluey breaking streaming information within the U.S. The hunt for a brand new manufacturing chief continues, whereas the unit’s borrowing restrict has been elevated because it seeks additional acquisitions within the vein of the BritBox Worldwide takeover. BBC Studios has been concentrating on revenues of £3.2B yearly in 2027, when the constitution settlement comes up, with £450M returned to the BBC.
Canal+ Will get New CFO
France’s Canal+ Group has named Amandine Ferré as its CFO. As of September 16, she’s going to succeed Grégoire Castaing, who’s Deputy Basic Supervisor accountable for Finance and technique, and report back to Chairman Maxime Saada. Ferré can even be part of the manager committee. Castaing has led the Canal+ monetary division for 12 years, with 2023 being the primary time the pay-TV and content material large had surpassed €6B ($6.5B) in turnover. For the previous month, long-serving Canal+ exec Ferré has been engaged on an IPO mission and earlier than that was Director of Enterprise Growth at subsidiary Studiocanal. She held the identical position for Canal+ in India between 2018 and 2021, and between 2017 and 2018 labored at streamer Dailymotion, the worldwide streamer owned by Canal+ dad or mum Vivendi.
