Canal+ and Groupe Les Echos – Le Parisien acquire Mezzo

Vivendi-owned Canal+ and French news publisher Groupe Les Echos – Le Parisien have jointly agreed to acquire classic music channel Mezzo from Lagardère Group and France Télévisions. The 50:50 acquisition will see the publishing group take over responsibility for day to day management the of channel, including programming and marketing and communication. Canal+ will commercialise […]

Canal+ heads for Nollywood with iROKO channels and production acquisition

Canal+ Group has acquired the production, content distribution and channel assets of iROKO Partners, reinforcing a move into the market for Nigeria’s Nollywood and English-language content for the African market. The acquisition deal gives Canal+ control of ROK Studios, a Bollywood production outfit that creates over 500 hours of new films and series a year, […]

Canal+ confirms restructuring plan

Canal+ has confirmed that it is to reduce its headcount by 492 people as part of a new restructuring operation. The pay TV outfit said that the reduction in staff numbers would be achieved exclusively through voluntary departures and that it had met with employee representatives. Canal+ said that the initiatives it has undertaken over […]

Canal+ to cut French workforce by 20%

Canal+ is to reduce its workforce by 20% in France as it struggles to regain ground in its home territory in the face of intensive competition. According to various press reports, the Vivendi-owned pay TV operator sent an email to employee representatives yesterday calling on them to attend a meeting on July 9 for consultation […]

French police arrest piracy ring

French police have broken up a Rennes-based piracy ring that was operating about 20 sites under an overarching platform named The Groupe Cybercriminalité de la Section de Recherches de la Gendarmerie Nationale de Rennes led an investigation into the pirate operation following a joint complaint by pay TV operators Canal+, BeIN Sports and RMC […]

World cup in France breaking TV viewing records

Record numbers of viewers are tuning into the FIFA Women’s World Cup in France. According to Reuters, France’s main broadcaster for the competition TF1 had expected the opening match between France and Japan to draw up to 5 million viewers. However, numbers peaked at 10.9 million, with just under 1 million following the game on […]

Vivendi issues €2.1 billion bond as M7 acquisition approaches

Vivendi has successfully placed a €2.1 billion bond ahead of the acquisition of M7 by Canal+, the French operator it owns. The bond is comprised of three tranches with maturities of three, six and nine and a half years. The company also confirmed that the issue was oversubscribed more than 2.5 times. Vivendi’s Canal+ initially […]

M7 chief: Canal+ acquisition will have ‘transformative’ impact

Canal+’s acquisition of pay TV group M7 will  be “transformative” for the latter by enabling it to “access more content” in the future, according to M7 chairman Marc-Antoine d’Halluin. Speaking on a panel session at the ANGA COM Congress in Germany, d’Halluin said that M7’s acquisition of UPC DTH meant that the company “is now […]

Canal+ acquires M7 Group in €1bn deal

Vivendi-owned Canal+ has agreed to acquire international pay TV operator M7 group from private-equity investor Astorg Partners for just over €1 billion in a move that marks a significant ramping up of the pay TV outfit’s efforts in the international market. Canal+ and M7 Group have complementary European footprints. M7, which turns in revenues of […]

Canal+ and Altice France strike Premier League deal

Canal+ and Altice France have struck an agreement whereby Altice France’s RMC Sport customers will have access to all English Premier League matches for the next three seasons. The deal followed Canal+ regaining the rights to the competition last October. Canal+ said it was “very happy” to be able to offer to its subscribers the […]

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