July 21, 2010
France: Futuramedia Raises 2 Million Euros from OTC Partner and Promelys
Futuramedia has just completed a second round of financing, obtaining 2 million Euros from OTC Partner and Promelys.
The group intends to strengthen its position as market leader in pharmacies and shopping centres, where it operates its own networks (Futurapharma and Futuramall). It also plans on developing partnerships for third-party ad-sales (as it does already with the Club Med Gym network, for example).
Futuramedia currently operates over 4,700 screens across the country.