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Provider : Reuters Investment Profile
Provider : Wright Reports

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Ymagis SAS and TDF SAS' SMARTJOG to Establish a 60/40 Joint Venture

Monday, 23 Sep 2013 01:30am EDT 

Ymagis SAS announced that it has signed a partnership agreement with TDF SAS' SMARTJOG, a company specialized in cinema distribution via satellite and ADSL, to create a joint company, that would propose an integrated offer of physical and dematerialized distribution of digital content dedicated to cinema professionals. Both companies will transfer to their joint company all their activities concerning duplication and routing of digital content for cinemas. As a result of this operation, that shall be accomplished by December 31, 2013, Ymagis SAS and SMARTJOG will hold respectively 60% and 40% shares in the joint company. Further details were not disclosed.