{"id":141847,"date":"2025-05-12T10:43:14","date_gmt":"2025-05-12T10:43:14","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2025\/05\/12\/logistics-billionaire-rodolphe-saade-takes-20-stake-in-pathe\/"},"modified":"2025-05-12T10:43:14","modified_gmt":"2025-05-12T10:43:14","slug":"logistics-billionaire-rodolphe-saade-takes-20-stake-in-pathe","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2025\/05\/12\/logistics-billionaire-rodolphe-saade-takes-20-stake-in-pathe\/","title":{"rendered":"Logistics Billionaire Rodolphe Saad\u00e9 Takes 20% Stake In Path\u00e9"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n\t\t\t\t\t<!-- do not apply CSS styles to this element! --><\/p>\n<div class=\"pmc-paywall\">\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tFrench movie studio Path\u00e9 has introduced a strategic partnership with French Lebanese logistics tycoon Rodolphe Saad\u00e9, below which his household holding firm Merit France has taken a 20% stake within the firm.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tFounded in Founded in 1896, Path\u00e9 is France\u2019s largest and oldest movie firm spanning manufacturing, distribution and exhibition. The firm stated the transfer would assist speed up its development in an evolving macroeconomic and industrial panorama.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tNews of the funding fell on the eve of the <a href=\"https:\/\/deadline.com\/tag\/cannes\/\" id=\"auto-tag_cannes\" data-tag=\"cannes\" target=\"_blank\" rel=\"noopener\">Cannes<\/a> Film Festival, the place Path\u00e9 might be out in pressure this yr with opening movie <em>Leave One Day <\/em>and Martin Bourboulon\u2019s fall of Kabul-set drama <em>13 Days And 13 Nights<\/em>, which was a late addition to Official Selection final week.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe firm added that the funding could be utilized in specific for the manufacturing of internationally-oriented movies and sequence, in addition to the modernization of its cinema community throughout Europe.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe Saad\u00e9 household fortune derives from transport and logistics transport large CMA CGM Group, based by Jacques Saad\u00e9 in 1978 and now run by his son Rodolphe Saad\u00e9.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe group has diversified its exercise into media lately, with the acquisition of France\u2019s BFMTV and the RMC radio station from Altice Media final yr, as nicely the<em> La Provence, Corse-Matin and La Tribune<\/em> newspapers. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\t\u201cWelcoming\u00a0the Saad\u00e9 family as a partner will accelerate the growth and modernization of Path\u00e9. It will also allow us to continue working with the talent we value and to attract those who share our\u00a0ambitions and aim for international success,\u201d stated long-running, veteran Path\u00e9 President J\u00e9r\u00f4me Seydoux.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\t\u201cWe are proud to partner with J\u00e9r\u00f4me Seydoux and his family in Path\u00e9, a flagship brand for film lovers\u00a0both in France and worldwide. We are committed to supporting the development of the industry and\u00a0promoting French cinematic culture around the globe,\u201d added Saad\u00e9.\u00a0<\/p>\n<\/div><\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] French movie studio Path\u00e9 has introduced a strategic partnership with French Lebanese logistics tycoon Rodolphe Saad\u00e9, below which his household holding firm Merit France has taken a 20% stake within the firm. Founded in Founded in 1896, Path\u00e9 is France\u2019s largest and oldest movie firm spanning manufacturing, distribution and exhibition. The firm stated the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":141849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[1293,10450,10454,10451,10452,10453,2782],"class_list":{"0":"post-141847","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hollywood","8":"tag-billionaire","9":"tag-logistics","10":"tag-pathe","11":"tag-rodolphe","12":"tag-saade","13":"tag-stake","14":"tag-takes"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/141847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=141847"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/141847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/141849"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=141847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=141847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=141847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}