Hervé Philippe

Africa and wholesale market provide boost for Canal+

Strong growth in Africa and a slowing rate of attrition among subscribers in metropolitan France saw Canal+’s base grow by 612,000 in the year to March 31. The pay TV operator lost 73,000 net subscribers in France over the year, but international subscribers increased by 685,000 driven by strong growth in Africa. Canal+ also saw […]

Canal+ making progress as Universal Music helps boost Vivendi

Canal+ is successfully reducing its rate of churn, with new subscribers committing to 24-month contracts and satisfaction levels increasing, according to parent company Vivendi’s chief financial officer Hervé Philippe, speaking to analysts after the media giant announced strong full year results. In absolute terms, Canal+ Group continued to drag on Vivendi’s results, but the company […]

Decision day for Vivendi as Bolloré pushes for double voting rights

Vivendi chairman Vincent Bolloré is set to discover today whether he will secure enough votes to double his voting rights within the company under France’s Florange law. Bolloré has built up his position in the company over the last two months and now holds 14.5% of the company’s shares, up from 5.15% at the beginning […]

Vivendi makes management board appointments

Vivendi’s supervisory board has named the chairman and CEO of the Bolloré Group, Vincent Bolloré, as chairman in a string of management board appointments at a meeting yesterday.  The supervisory board also appointed Vivendi director Pierre Rodocanachi as vice-chairman and Jean-René Fourtou, who has chaired the group since 2002, as honorary chairman. Daniel Camus becomes […]