Expand Images and Ellipse Programme, France's two leading television
production companies, announced on February 10, 2000 plans to merge. The
new studio, entitled Expand, will have an approximate revenue for 2000 of
FRF1.4 billion (US$210.2 million). The deal will enable both parties to
increase their international content output for the expanding European
market. As part of the deal, CANAL+ Images and Finexpand signed an
agreement solidifying their relationship as shareholders in the new studio.