Bolloré now controls over 15% of Vivendi

Bolloré Group now controls over 15% of Vivendi’s shares following the cancellation of additional shares by the media giant last week. Vivendi has cancelled 86,874,701 of its own shares, representing 6.35% of the total outstanding shares, as part of its repurchase programme. In addition to owning 15.41% of Vivendi shares, Bolloré now controls 16.41% of […]

Vivendi’s Bolloré reportedly in talks for beIN Sport acquisition

Vivendi chairman Vincent Bolloré has set his sights on the acquisition of Canal+ rival beIN Sport France, with talks underway, according to French daily Libération, citing unnamed sources. According to the paper, Vivendi is considering two options: an exclusive distribution agreement that would give it the right to distribute beIN Sport France to the exclusion […]

Vivendi makes fresh commitments to secure free-to-air channels deal

Vivendi has made a series of fresh commitments to secure regulatory approval for its acquisition of former Bolloré-owned free-to-air channels D8 and D17.  The move follows a decision by top lawmaking body the Conseil d’État in December to rescind the previous authorisation of the acquisition. Vivendi and Canal+ have now submitted a series of commitments […]

Canal+ sees boost from D8 but hit by ad market

The consolidation of former Bolloré-owned free-to-air channels D8 and D17 and the merger between Polish pay TV unit Cyfra+ with rival ‘n’ to form nc+ boosted Canal+ Group’s top line for the first half, but the group’s EBITA was hit by content costs and a softening of the advertising market.  The Vivendi-owned pay TV operator […]

Vincent Bolloré joins Vivendi board

Vincent Bolloré is to join the supervisory board of Vivendi following his company’s crossing of a 5% shareholder threshold in the French media and telecoms giant as a result of the latter’s acquisition of Direct 8 and Direct Star – now renamed D8 and D17 – from Bolloré Group.  “The supervisory board welcomes the presence […]

Canal Plus offering limited concessions for Bolloré channels

Canal Plus has outlined fresh concessions it is willing to make to secure approval for its acquisition of Bolloré-owned channels Direct 8 and Direct Star that fall short of those demanded by opponents of the deal, according to French press reports. Canal Plus initially offered some concessions to assuage the competition authority’s concerns about the […]

Canal Plus and Bolloré finalise channels deal

French pay TV group Canal+ has finalised a deal to acquire the digital terrestrial channels Direct 8 and Direct Star owned by the Bolloré Group. The technical details of the initial agreement have been slightly modified since it was first mooted, with Bolloré giving Canal+ two options for the full acquisition of its television business. […]

Boyon tackles criticisim of DTT report, Canal Plus Bolloré deal

Michel Boyon, head of French media regulator the CSA, has taken on criticism of his report on the future of the digital-terrestrial platform and his proposal to mandate the DVB-T2 standard for the launch all further channels. In an interview with Le Figaro newspaper, Boyon said that he had not buried the planned launch of […]

Canal Plus to take 60% stake in Bolloré’s FTA business

French pay TV group Canal Plus is set to buy a 60% stake in Bolloré’s free-to-air business, including channels Direct 8 and Star. The deal will see Canal Plus owner Vivendi giving Bolloré shares worth approximately €279 million. The total value of the assets is estimated at a maximum of €465 million. Canal Plus Group […]