Patrick Drahi

Next Private: Transfer of Altice Europe Shares

Retrieved on: 
Wednesday, January 20, 2021
Mobile, Wireless, Technology, Finance, Banking, Telecommunications, Professional services, Internet, Data management, Consumer electronics, Other Professional Services, Stock market, Corporate law, Altice, Financial economics, Finance, Companies, Patrick Drahi, Share capital, Issued shares, Share

("Next Alt"), pursuant to the provisions of Section 13, paragraphs 1 and 2 of the Dutch Decree on Public Takeover Bids (Besluit openbare biedingen Wft), in connection with the public offer by Next Private for all issued and outstanding common shares A and common shares B in the capital of Altice Europe N.V. ("Altice Europe").

Key Points: 
  • ("Next Alt"), pursuant to the provisions of Section 13, paragraphs 1 and 2 of the Dutch Decree on Public Takeover Bids (Besluit openbare biedingen Wft), in connection with the public offer by Next Private for all issued and outstanding common shares A and common shares B in the capital of Altice Europe N.V. ("Altice Europe").
  • distributed 150,700,000 common shares A in the capital of Altice Europe (the "Shares") to its sole shareholder Next Alt and Next Alt subsequently contributed the Shares by way of share premium contribution to its wholly-owned subsidiary Next Private.
  • Next Private holds 340,226,447 common shares A and 167,660,043 common shares B in the capital of Altice Europe, representing approximately 76.21% of Altice Europe's issued share capital; and
    Next Alt holds 81,238,465 common shares A in the capital of Altice Europe, representing approximately 1.37% of Altice Europe's issued share capital, of which 35,000,000 are subject to a right of use (as described in sections 6.9 and 6.10(c) of the Offer Memorandum).
  • Next Private and its sole shareholder Next Alt are owned and controlled by Mr. Patrick Drahi, the founder and majority shareholder of Altice Europe.

Artprice: Sotheby's has its largest lead over Christie's in 15 years

Retrieved on: 
Tuesday, December 8, 2020
Articles, Mayfair, Sotheby's, Upper East Side, Patrick Drahi, Economy, Christie's, Turnover

For the first 11 months of 2020, Sotheby's, now headed by Patrick Drahi, has a turnover lead of +40%.

Key Points: 
  • For the first 11 months of 2020, Sotheby's, now headed by Patrick Drahi, has a turnover lead of +40%.
  • "The two houses have however acquired a virtual monopoly on results above $20 million in the West.
  • Their rivalry is historic and has been reflected in the closely correlated development of their respective revenues over the past 30 years."
  • This resulted in a global turnover figure 1.5 times higher than Christie's, despite a slightly lower number of sales.

Artprice: Sotheby's has its largest lead over Christie's in 15 years

Retrieved on: 
Tuesday, December 8, 2020
Articles, Mayfair, Sotheby's, Upper East Side, Patrick Drahi, Economy, Christie's, Turnover

For the first 11 months of 2020, Sotheby's, now headed by Patrick Drahi, has a turnover lead of +40%.

Key Points: 
  • For the first 11 months of 2020, Sotheby's, now headed by Patrick Drahi, has a turnover lead of +40%.
  • "The two houses have however acquired a virtual monopoly on results above $20 million in the West.
  • Their rivalry is historic and has been reflected in the closely correlated development of their respective revenues over the past 30 years."
  • This resulted in a global turnover figure 1.5 times higher than Christie's, despite a slightly lower number of sales.

Artprice traces the Art Market's recent history via Sotheby's

Retrieved on: 
Tuesday, December 1, 2020
Mayfair, Sotheby's, Upper East Side, Artprice, Art auction, Art market, Patrick Drahi, Articles, Thierry Ehrmann, Service industries, Humanities

"The history of Sotheby's over the past thirty years is a marvelous illustration of the recent history of the Art Market," says thierry Ehrmann, President and Founder of Artmarket.com and of its Artprice department.

Key Points: 
  • "The history of Sotheby's over the past thirty years is a marvelous illustration of the recent history of the Art Market," says thierry Ehrmann, President and Founder of Artmarket.com and of its Artprice department.
  • Artprice traces this history through the three main periods preceding Sotheby's acquisition by Patrick Drahi and its digital transformation in 2020.
  • In 1999, Sotheby's recorded 27,550 Fine Art transactions, the highest annual number in its history.
  • Although the 2009 art market was impacted by the financial crisis (-60%), Sotheby's Fine Art turnover remained higher than its pre-2004 figures.

Artprice traces the Art Market's recent history via Sotheby's

Retrieved on: 
Tuesday, December 1, 2020
Mayfair, Sotheby's, Upper East Side, Artprice, Art auction, Art market, Patrick Drahi, Articles, Thierry Ehrmann, Service industries, Humanities

"The history of Sotheby's over the past thirty years is a marvelous illustration of the recent history of the Art Market," says thierry Ehrmann, President and Founder of Artmarket.com and of its Artprice department.

Key Points: 
  • "The history of Sotheby's over the past thirty years is a marvelous illustration of the recent history of the Art Market," says thierry Ehrmann, President and Founder of Artmarket.com and of its Artprice department.
  • Artprice traces this history through the three main periods preceding Sotheby's acquisition by Patrick Drahi and its digital transformation in 2020.
  • In 1999, Sotheby's recorded 27,550 Fine Art transactions, the highest annual number in its history.
  • Although the 2009 art market was impacted by the financial crisis (-60%), Sotheby's Fine Art turnover remained higher than its pre-2004 figures.

Altice Portugal’s MEO Selects Allot Security as-a-Service Solution to Protect Mobile Users from Cyberattacks

Retrieved on: 
Tuesday, January 21, 2020
Deep packet inspection, Allot, Network performance, Altice, Patrick Drahi, Cloud computing, Companies, Telecommunications, Computer networking

Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.

Key Points: 
  • Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.
  • Allots multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises.
  • Our industry-leading network-based security as a service solution has achieved over 50% penetration with some service providers and is already used by over 23 million subscribers in Europe.
  • Founded in 2001 by entrepreneur Patrick Drahi, Altice is a convergent global leader in telecom, content, media, entertainment, and advertising.

Artprice: The Digital Revolution of the Art Market is Now

Retrieved on: 
Tuesday, July 9, 2019
Economy, Artprice, Art market, Articles, Sotheby's, Financialization, Marketplace, Patrick Drahi, Market, Service industries

The financialization of the Art Market has allowed the major transformation that we all know...with the arrival of new players, new strategies and new instruments.

Key Points: 
  • The financialization of the Art Market has allowed the major transformation that we all know...with the arrival of new players, new strategies and new instruments.
  • Buyer preferences are obviously still subject to profound geographical influences, but the Art Market has no trouble taking them account.
  • The arrival of Patrick Drahi at the helm of Sotheby's undoubtedly marks the definitive transition of the Art Market to the digital era.
  • It is BPI-labelled (scientific national French label) Artprice's Global Art Market Annual Report for 2018 published last March 2019: https://www.artprice.com/artprice-reports/the-art-market-in-2018

Artprice: The Digital Revolution of the Art Market is Now

Retrieved on: 
Tuesday, July 9, 2019
Economy, Artprice, Art market, Articles, Sotheby's, Financialization, Marketplace, Patrick Drahi, Market, Service industries

The financialization of the Art Market has allowed the major transformation that we all know...with the arrival of new players, new strategies and new instruments.

Key Points: 
  • The financialization of the Art Market has allowed the major transformation that we all know...with the arrival of new players, new strategies and new instruments.
  • Buyer preferences are obviously still subject to profound geographical influences, but the Art Market has no trouble taking them account.
  • The arrival of Patrick Drahi at the helm of Sotheby's undoubtedly marks the definitive transition of the Art Market to the digital era.
  • It is BPI-labelled (scientific national French label) Artprice's Global Art Market Annual Report for 2018 published last March 2019: https://www.artprice.com/artprice-reports/the-art-market-in-2018