PARIS, France (CelebrityAccess) — Rock en Seine, one of the biggest festivals in France has been acquired by French investment banker Matthieu Pigasse.
Created in 2003 by François Missonnier, Christophe "Doudou" Davy and Salomon Hazot has grown to become one of the largest music festivals in France. In 2016, the event drew more than 110,000 fans in late August for three stages of music in the suburbs of western Paris.
The acquisition, conducted through holding company LNEI, bolsters Pigasse's growing portfolio of entertainment properties, according to the AFP. Pigasse's previous investments include majority stakes in the inRocKs festivals and French FM station Radio Nova, which stages the Nuits Zébrées concert series.
As part of the acquisition of Rock en Seine, LNEI will launch a new events division, LNEI Live, that will oversee the company's live events portfolio. The new division will be overseen by current Rock en Seine director François Missonnier. – Staff Writers