Zodiak Acquires RDF Media Group

PARIS: Zodiak Entertainment Group has acquired RDF Media Group, appointing David Frank as CEO.

Frank was previously the CEO of RDF. Lorenzo Pellicioli, the CEO of De Agostini Group and chairman and CEO of Zodiak, will continue to serve as chairman.

Pellicioli said: “With the acquisition of RDF Media Group the consolidation process of Zodiak is completed. Zodiak, with its strong international footprint and its presence in all entertainment formats, is today one of the main content producers in the world. We are particularly glad to welcome David Frank as the new future CEO of Zodiak and we are sure that his experience and his deep expertise will lead Zodiak towards important goals”.

Frank commented: “The content business is both changing rapidly and becoming more global by the day and this is a huge opportunity to be at the very heart of this revolution. In my opinion to succeed you need two things—brilliant creative executives and scale. This deal delivers both and I am confident that the Zodiak management team can build a world-beating company.”

The new group has annual sales exceeding 500 million euros.