Vivendi plans to stick with its existing strategy to secure the future of Canal+, despite the loss of key football rights to Mediapro, and to focus on MyCanal as its flagship non-linear platform in the wake of the collapse in subscriptions to SVOD service CanalPlay, according to CEO Arnaud de Puyfontaine. Speaking to analysts following […]
Vivendi is looking into convening a new Telecom Italia (TIM) shareholders meeting to “reorganise” the telco’s board of directors following its loss of control of the telco’s board to a slate supported by activist investor Elliott Advisors. Speaking to analysts after Vivendi posted its Q1 numbers, CEO Arnaud de Puyfontaine, who was also TIM chairman […]
Vivendi lost control of Telecom Italia (TIM) at the end of last week, with its bitter rival Elliott Advisors securing a bigger share of votes and hence a majority for its slate of proposed board members. Elliott’s victory meant that its slate secured two thirds of the seats on the TIM board. Fulvio Conti, one […]
Telecom Italia (TIM) expects the number of subscribers to its TIMVision on-demand service to triple by 2020, up from 1.3 million on its fixed network at the end of 2017. TIM set the objective as part of its 2020 strategic plan, approved this week by the company’s board. TIM said that convergence and growing demand […]
Vivendi has seen a return to growth for Canal+’s domestic French subscriber base for the first time since 2015. Vivendi CEO Arnaud de Puyfontaine has meanwhile confirmed that the group is in mediation to secure an end to its long-running and bitter battle with Mediaset in Italy. Vivendi also released numbers for short-form video initiative […]
Canal+ needs and deserves a level playing field to compete with the likes of Altice as well as Netflix and other international players, including the right to retain exclusive rights, according to Vivendi CEO Arnaud de Puyfontaine. Speaking to analysts after Vivendi turned in solid first-half results, boosted by a strong performance from Universal Music […]
Vivendi is committed to help build Telecom Italia into a quad-play leader and lead it to “long-term and sustainable growth”, according to CEO – and TIM executive chairman – Arnaud de Puyfontaine. Speaking to analysts after Vivendi posted its Q2 financials, De Puyfontaine said that TIM was committed to deliver large-scale investment in broadband. De […]
Plans to create a pay TV joint venture between Canal+ and Telecom Italia (TIM) are set to be put forward before the TIM control and risk committee in August before being submitted to the board for approval, according to Vivendi CEO – and Telecom Italia (TIM) executive chairman – Arnaud de Puyfontaine. Speaking to analysts […]
Vivendi has agreed to buy the Bolloré Group’s majority stake in ad giant the Havas Group in a deal valued at some €2.3 billion. Vivendi will pay €9.25 per share for Bolloré Group’s 60% stake in Havas, having agreed terms with Vivendi’s chairman Vincent Bolloré’s investment outfit and received “positive opinions” from Havas. Commenting on the […]
Canal+ subscriber additions outnumbered cancellations for the first time in many quarters in the three months to March, and the struggling pay TV outfit’s parent company Vivendi said it expected a reversal of the downward trend in EBITA in the second half of this year. In a call with investors, Vivendi’s CEO Arnaud de Puyfontaine […]
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