Canal+ and ITI said they had received approaches in recent months from multiple financial investors and industrial groups interested in acquiring control of TVN. ITI and Canal+ have consequently agreed to look at their strategy options for the future of their participation in the broadcaster, which has a one third stake in pay TV platform nc+ as well as TVN’s over-the-air channels.
Canal+ and ITI said that TVN was performing well and that if the strategic review failed to recommend a sale, their joint shareholder agreement would continue as before. Currently, Canal+ controls 49% of N-Vision/Polish Television Holding, the holding company for the 51% stake the pair jointly hold in TVN, with ITI holding 51%.
Poland is Canal+’s second most important market after France and the group said it would seek to maintain close cooperation with TVN even if the group is sold. TVN holds a 32% stake in nc+, which had about 2.2 million subscribers at the end of last year.
Polish business title Pulsu Biznesu has placed Central European Media Enterprises-owner Time Warner in the frame as the leading contender to buy TVN. Other possible candidates could include 21st Century Fox or Discovery Communications.
A1 Austria launches on Amazon Fire TV with Zappware digitaltveurope.com/2021/06/15/a1-… https://t.co/6jjd1Cpgrb
15 June 2021 @ 16:00:01 UTC
Real-time Engagement: The new frontier for OTT platforms and differentiation digitaltveurope.com/longread/real-… https://t.co/ULA6NJNFOT
15 June 2021 @ 15:30:00 UTC
Riivi signs up Norigin Media for CTV app validation ahead of rollout digitaltveurope.com/2021/06/15/rii… https://t.co/gBHl8fSG9B
15 June 2021 @ 15:00:03 UTC
PCCW taps Amino for Now TV upgrade digitaltveurope.com/2021/06/15/pcc…
15 June 2021 @ 14:00:02 UTC