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CMA CGM Enters Exclusive Talks to Acquire Video Platform Brut

CMA CGM plans to integrate the profitable video pure-player into its media arm under its existing editorial DNA.

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Entretien d'Emmanuel Macron sur la plateforme Brut, le 4 décembre 2020 à Paris
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Overview

  • CMA Media, the group’s media subsidiary, has moved into exclusive negotiations to purchase the remaining shares of Brut, where it already holds a stake.
  • Brut reorganized in recent years to achieve profitability in late 2023 and currently employs about 250 staff across its global operations.
  • The platform leverages AI-driven analytics to engage over 500 million viewers monthly across YouTube, TikTok, Instagram, Facebook and Snapchat in more than 100 countries.
  • Since its 2016 launch, Brut has raised nearly €140 million from investors including Xavier Niel, François-Henri Pinault’s Artemis and Orange before CMA CGM’s entry in 2023.
  • The potential acquisition follows CMA CGM’s broader media expansion that includes La Provence, a stake in M6, La Tribune, the purchase of BFMTV and RMC networks and a promise to buy Chérie 25.