Remcorp

Remcorp is a privately held Canadian investment company headquartered in Montreal, Quebec, and founded in 1997 by businessman Maxime Rémillard. The business began under the Remstar name, concentrating on the production and distribution of Canadian and international film content. Its early experience in entertainment provided the foundation for a broader investment platform that later expanded beyond media. The company is associated with a diversified portfolio covering technology, media, transportation services, health and wellness, real estate, and agriculture. Rather than operating as a single-category consumer brand, Remcorp functions primarily as an investment and corporate group whose activities are organized across businesses and specialized divisions. Its profile therefore combines ownership, investment, production, distribution, and media operations. Media remains a significant part of the group’s history. Through Remstar Productions and Remstar Distribution, the organization has produced and distributed films and television series in Canada and international markets. It also established Remstar Interaction, a music-label operation. The original Remstar organization was also involved in Canadian television through Groupe V Média, a company majority-owned by Maxime Rémillard. In 2008, that group acquired the television network later known as V from Cogeco and CTVglobemedia after the network had sought bankruptcy protection. Groupe V Média subsequently broadened its television portfolio. In 2013 it announced an agreement to acquire the specialty channels MusiquePlus and MusiMax from Bell Media, following Bell’s acquisition of Astral Media. The Canadian Radio-television and Telecommunications Commission approved the transaction in September 2014, and the acquisition closed later that month. The transaction was financed in part through the sale of minority interests in V Media to the Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ. The group later reshaped its media holdings. In 2019, V Media Group announced a proposed sale of its namesake television network and related web platforms, including the noovo.ca streaming service, to Bell Media. The CRTC approved the transaction in April 2020, and it closed in May 2020. Remstar Media retained the specialty channels MAX and ELLE Fictions, which became the principal continuing media assets identified with the group after the sale. Remcorp’s positioning is consequently that of a diversified private investment platform with roots in entertainment and a portfolio approach spanning several sectors. Public reference material identifies Montreal as its headquarters and Maxime Rémillard as its founder, but does not provide a complete current portfolio, detailed financial statements, or a definitive list of all operating subsidiaries. Those details remain unspecified here rather than inferred.

Remcorp was established in 1997 by Maxime Rémillard. The company originally operated as Remstar and focused on producing and distributing Canadian and international film content. As the organization accumulated experience through its media projects, it developed into a broader investment group with interests extending across multiple sectors of the Quebec and Canadian economies. Its original entertainment activities continued through Remstar Productions and Remstar Distribution, which produce and distribute film and television programming in Canada and abroad. The group also operated a music label known as Remstar Interaction. Alongside these activities, the organization became associated with Groupe V Média, majority-owned by Maxime Rémillard, and its television assets. In June 2008, Remstar acquired the Canadian television network later known as V from Cogeco and CTVglobemedia after the network filed for bankruptcy protection. V Media Group later expanded its specialty-channel presence by announcing a 2013 agreement to acquire MusiquePlus and MusiMax from Bell Media. The CRTC approved the transaction on September 11, 2014, and the acquisition closed on September 16. Financing included the sale of 15 percent stakes in V Media to the Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ. The group subsequently restructured its broadcasting portfolio. In 2019, V Media Group announced an agreement to sell its namesake television network and digital platforms, including noovo.ca, to Bell Media. The CRTC approved the transaction on April 3, 2020, and the sale closed on May 15, 2020. Remstar Media retained the specialty channels MAX and ELLE Fictions, which became the continuing broadcast assets identified with the group after the transaction. Beyond media, Remcorp’s stated investment scope includes technology, transportation services, health and wellness, real estate, and agriculture. Publicly available reference material presents the company as an active private investment firm headquartered in Montreal, but does not provide a comprehensive current portfolio, financial profile, or full management roster.

• 2020

  Sale to Bell Media closes

  [1]Remcorpen.wikipedia.org

  The CRTC approved the transaction on April 3, and the sale closed on May 15. Remstar Media retained MAX and ELLE Fictions.

• 2019

  Agreement to sell V network assets to Bell Media

  [1]Remcorpen.wikipedia.org

  V Media Group announced the proposed sale of its namesake network and web platforms, including noovo.ca, while retaining specialty channels.

• 2014

  Specialty-channel acquisition closes

  [1]Remcorpen.wikipedia.org

  The CRTC approved the MusiquePlus and MusiMax transaction on September 11, and the sale closed on September 16.

• 2013

  Agreement to acquire MusiquePlus and MusiMax

  [1]Remcorpen.wikipedia.org

  V Media Group announced a deal to acquire the two specialty channels from Bell Media.

• 2008

  Acquisition of the V television network

  [1]Remcorpen.wikipedia.org

  Remstar acquired the television network later known as V from Cogeco and CTVglobemedia after the network sought bankruptcy protection.

• 1997

  Remcorp is founded as Remstar

  [1]Remcorpen.wikipedia.org

  Maxime Rémillard founded the company, initially focusing on the production and distribution of Canadian and international film products.

A Montreal-based private investment and operating group that developed from an entertainment business into a diversified portfolio spanning media and several non-media sectors.

• Film and television production

  Remstar Productions

  A production division associated with Remcorp’s original entertainment activities. It produces film and television content for Canadian and international markets, although the available reference material does not provide a complete program catalogue or current production slate.

• Film and television distribution

  Remstar Distribution

  A distribution division handling Canadian and international film and television products. It reflects the company’s original role in moving audiovisual content into domestic and international markets.

• Music label

  Remstar Interaction

  Remcorp’s music-label operation, established as part of the group’s broader entertainment activities. Specific artists, releases, and the current operating status are not identified in the supplied reference.

• Specialty television channel

  MAX

  A Canadian specialty television channel retained by Remstar Media after the 2020 sale of the V network and related digital platforms to Bell Media.

• Specialty television channel

  ELLE Fictions

  A Canadian specialty television channel retained by Remstar Media following the completion of the 2020 transaction with Bell Media.

• 2019

  Sell the V network and associated digital platformsM&A

  Background

  V Media Group announced a plan to divest its namesake television network and web platforms, including noovo.ca, while retaining its specialty channels.

  Action taken

  The proposed sale to Bell Media received CRTC approval on April 3, 2020, and closed on May 15, 2020.

  Aftermath

  Remstar Media retained MAX and ELLE Fictions after the transaction.

  Source

• 2014

  Proceed with the MusiquePlus and MusiMax acquisitionM&A

  Background

  V Media Group sought to expand its specialty-channel portfolio after Bell Media offered the channels for sale following its acquisition of Astral Media.

  Action taken

  The CRTC approved the acquisition on September 11, 2014, and the transaction closed on September 16. Financing included the sale of 15 percent stakes in V Media to the Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ.

  Aftermath

  The acquisition added MusiquePlus and MusiMax to the group’s media holdings.

  Source

1. 1Remcorpen.wikipedia.org