Sirius Media: Subsidiary Under Judicial Reorganization
The Economic Activities Court of Paris has initiated a judicial reorganization process on April 14, 2026, for Sirius Media Production, a subsidiary of SIRIUS MEDIA. This action was taken at the request of the executive management to protect negotiations with creditors.
Judicial Reorganization Initiated
On April 14, 2026, the Economic Activities Court of Paris decided to open a judicial reorganization process for Sirius Media Production, a subsidiary of the SIRIUS MEDIA group. This request was made by the executive management to obtain the Court's protection to facilitate negotiations with the subsidiary’s creditors. Sirius Media Production is involved in audiovisual production.
Impact Limited to Subsidiary
The initiation of this judicial reorganization process does not affect the parent company SIRIUS MEDIA nor its subsidiary Triple A. The operations of Sirius Media Production continue without interruption. The group has indicated that the indebted subsidiary has a bond and bank debt totaling €5.1 million, primarily consisting of state-guaranteed loans, and €1.5 million in lease financing.
Company Overview
SIRIUS MEDIA is a group specializing in audiovisual production, creating feature films, animated films, TV series, and commercials. The group collaborates with major broadcasters such as Canal+ Group, Lagardère, TF1 Group, France Télévisions, Orange, M6 Group, TV5 Monde, and Netflix, and produces 600 hours of content. The group will keep the market informed about the developments in the judicial reorganization process.
