AD Agencies
Vivendi shareholders give goahead to spinoff Canal+, Havas and Louis Hachette group
MUMBAI: If you thought, the world of advertising is only going through fusion following the acquisition and merger of Interpublic group by the Omnicom group, you would be better off thinking otherwise.
In Europe, there’s fission taking place. The combined general shareholders of Vivendi yesterday gave the company the go-ahead to break into pieces. 97.5 per cent of the votes were in favour of the separation of Vivendi from Canal+, Havas, and the Louis Hachette group (the company bringing together the 66.53 per cent investment in Lagardère and 100 per cent of Prisma Media).
The first trading day for the shares of these three companies will therefore take place, as announced, on 16 December 2024, respectively on the London stock exchange, Euronext Amsterdam and Euronext Growth Paris.
With a quorum of 71.96 per cent of shareholders present or represented, the two resolutions requiring approval by a two-thirds majority of votes, namely those regarding partial asset contributions subject to the French legal regime applicable to partial demergers (apport partiel d’actifs soumis au régime des scissions), were overwhelmingly adopted with 97.57 per cent of the votes for the Canal+ partial demerger and with 97.58 per cent for the Louis Hachette group partial demerger.
The resolution regarding the distribution in kind of Havas NV shares to the Vivendi shareholders, requiring the approval of a simple majority of votes, was adopted with 97.61 per cent of the votes.
Said Havas chairman & CEO and chairman of the supervisory board Yannick Bolloré: “We are delighted with the very high adoption rate of our spin-off project. This undisputable result confirms the strong support of our shareholders for this transformative transaction. Over the past year, the teams have been working on this transformative project, which aims to better reflect the value of Canal+, Havas, Lagardère, and Prisma, which have been impacted by a conglomerate discount affecting the group for several years; to unlock their full potential in a global landscape filled with significant investment opportunities.This vote gives new momentum to Canal+ group, Havas, Lagardere and Prisma Media and marks a new era full of opportunities for Vivendi. The company will continue to play its role, particularly by pursuing the transformation of Gameloft and optimizing its portfolio of high-quality assets.”
AD Agencies
Advertising Rocks Season 4 returns to Goafest 2026 with musical flair
Industry talent takes centre stage as music meets creativity at Goafest
MUMBAI: The spotlight is back on music and marketing as Advertising Rocks Season 4 gears up for a high-energy return at Goafest 2026, promising a louder and more vibrant celebration of creative talent within the industry.
Now in its fourth edition, the platform continues to carve a niche as a space where professionals from advertising, media and marketing step beyond boardrooms to showcase their musical side. Open to solo and duet performers, the competition will unfold across multiple rounds before culminating in a live finale at the festival. Shortlisted participants will also receive complimentary access to Goafest, adding to the appeal.
Each category will feature four finalists, with winners decided through a mix of jury evaluation and audience votes, making the experience interactive as well as competitive. The stakes are equally compelling, with cash prizes ranging from Rs 25,000 to Rs 1,00,000 across categories.
Reflecting on the journey so far, BBH former CEO Subhash Kamath said, “This will be the 4th edition of Advertising Rocks and every year, it’s become better and better. We have some amazing musical talent in our industry and what better stage to perform than at Goafest. I hope we get more entries this time and I’m really looking forward to hearing some fabulous talent.”
Echoing the sentiment, Havas Media Network India chief executive officer Mohit Joshi said, “Season 4 of Advertising Rocks perfectly captures the spirit of our industry, where creativity doesn’t end at the workplace, it finds expression in many forms. At Goafest 2026, we are excited to bring back Season 4, bigger and more vibrant, giving professionals a platform to showcase their musical talent.”
Registrations for the competition are currently open, with entries accepted until April 30. Participants are invited to submit their performances and take a shot at the stage.
Co-hosted by the Advertising Agencies Association of India and The Advertising Club, Goafest 2026 will be held from May 20 to 22 in Goa. With Advertising Rocks returning to the lineup, the festival is set to strike a chord that goes well beyond advertising, blending ideas with rhythm and a touch of showmanship.
