EU to rule on Vivendi Lagardere takeover by end of November

EU antitrust regulators will decide by November 30 whether to greenlight French media giant Vivendi’s proposed takeover of rival media group Lagardere, according to a report by Reuters which cites a new European Commission filing. In May, Vivendi, the owner of PayTV platform Canal+, increased its stake in Lagardere to 55% and placed an offer […]

Canal+ revenues buoyed up by aggressive international expansion

French media giant Vivendi has just released robust results for Q3 2021. Looking specifically at PayTV business Canal+, revenues were up 4.8% for the first nine months of 2021, to €4,249m. For Q3 itself, revenues were up 6.3% to €1.467m. A key feature of the company’s resilient performance was the contribution of international revenues, following […]

Vivendi names Web 3.0 chief to tackle challenge of metaverse

French and international media group Vivendi, owner of Canal+, has hired a VP for Web 3.0 tasked with spearheading the outfit’s foray into the metaverse. Fabien Aufrechter, an expert in blockchain and metaverse technology at Vivendi-owned Havas, has been appointed vice-president, Web 3.0 at the parent company. Aufrechter joins the Vivendi strategy and Innovation department […]

Canal+ ups its stake in MultiChoice

France’s Canal+ has upped its stake in South African pay TV operator MultiChoice from 15% a year ago to 26% today, according to stock market filings. The pay TV operator initially took a 6.5% stake in the South African service provider two years ago. The company describes the purchases as a long-term investment. The pair […]

Canal+ sees revenue and subscriber numbers rise again

Vivendi’s pay TV outfit Canal+ Group continued to grow both revenue and subscriber numbers in the first half of this year. The group saw its revenues rise by 3.3% to €2,873 million for the first half, or by 2.2% at constant currency. Canal+ Group’s total subscriber portfolio, including collective subscriptions, reached 23.9 million, including 9.6 […]

Canal+ reportedly in talks to buy OCS and Orange Studio

Canal+ is in advanced talks to buy Orange’s film and TV divisions, according to a report by Variety. According to the US trade paper, the pair could enter exclusive discussions as early as September over the acquisition. Canal+ parent Vivendi already owns a one third stake in OCS, Orange’s pay TV arm. Variety reports that […]

Canal+ reportedly looking at stake in Lionsgate

Canal+ is reportedly looking at taking a minority stake in US studio Lionsgate as part of a ramp-up of efforts to break into the US market and secure a pipeline of content as other US studios seek to retain their rights. Canal+ and owner Vivendi have for some time been in the frame as potential […]

Vivendi ups price tag for TIM landline network

Vivendi wants €31 billion from the sale of TIM’s landline network, a new report has said. The Italian telco is currently exploring a deal to sell its landline network, and has agreed a preliminary deal for its fixed network assets with its second biggest investor CDP. At the time, it was reported that TIM valued […]

Vivendi ups Lagardere stake as takeover continues to face roadblocks

France’s Vivendi has increased its ownership stake in publishing and retail group Lagardere to 55%. Vivendi currently has a tender offer for the entire company, and has extended its bid until June 9 as it is being reviewed by EU antitrust authorities. Should it be approved, the merger would combine France’s two biggest publishing groups […]

Vivendi refreshes management team

Vivendi, which has now distributed 60% of the share capital of Universal Music and listed it on the Amsterdam stock exchange and has launched a takeover bid for Lagardère, is to refresh its management team as it refocuses its business on content, media and communications. Following a meeting this week of the company’s supervisory board […]

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