TVA Group Announces Construction of MELS 4

"Montreal needs to provide producers with leading-edge installations in order to take advantage of the growing demand for filming space in Quebec. The construction of MELS 4 studios will allow the company to meet this demand, as well as to develop local talent and attract major TV and movie shoots to Quebec," explains Éric Girard, Quebec Minister of Finance and Minister of Economy and Innovation.

"The city of Montreal is proud to be a leading partner with MELS, by facilitating its studio expansion in the Bridge-Bonaventure sector. This investment will better position the city as it strives to stand out from the competition and attract new players, while continuing to promote local talent and productions," adds Montreal Mayor Valérie Plante.

"The construction of a new, world-class studio like MELS 4 is essential to maintaining the vitality and competitiveness of both Montreal and Quebec on the worldwide audiovisual production market. By attracting even more filming projects to our studios, we'll be able to draw financial and economic resources from abroad, to the benefit of Quebec's economy, its cultural industry and its local artists and crews," comments Pierre Karl Péladeau, President and CEO of Quebecor.

"MELS has already built a worldwide reputation for its installations, expertise and services. With MELS 4, we're proud to present an even more attractive offering, through which we can meet the growing needs of the TV and movie mega-production industry. In tandem with the technological shift we undertook in 2020 – most notably with the launch of our new virtual production set – this project will allow us to stand out in a highly competitive market, both internationally and here in Canada," concludes MELS President Martin Carrier.

Forward-looking Statements 
Certain statements in this announcement are forward-looking statements based on current expectations. By their nature, forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward-looking statements.

About MELS
Mels Studios and Postproduction, part of TVA Group, is a well-known name in the film industry. Its 450 professionals provide expert services under the motto "Proud partner in your projects." MELS' services include soundstage and equipment rental, visual effects, sound and picture postproduction, mobile unit rental, theatrical distribution, distribution for television, Internet and smart devices, and a virtual production stage.

About TVA Group
TVA Group Inc., a subsidiary of Quebecor Media Inc., is a communications company engaged in the broadcasting, film production and audiovisual services, international production and distribution of television content, and magazine publishing industries. TVA Group Inc. is North America's largest broadcaster of French-language entertainment, news and public affairs programming and one of the largest private-sector producers of French-language content. It is also the largest publisher of French-language magazines and publishes some of Canada's most popular English-language titles. The Corporation's Class B shares are listed on the Toronto Stock Exchange under the ticker symbol TVA.B.

SOURCE TVA Group