Meheut says Canal Plus will contest TPS merger ruling

Vivendi president Bertrand Meheut has said Canal Plus will contest the French competition regulator’s decision to reverse its authorisation of its merger with rival pay TV service TPS five years ago. In a development that shocked the pay TV operator, the regulator last week reversed its green light for the merger on the grounds that […]

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 […]

Canal Plus grows base as Vivendi confirms outlook

Canal Plus France added 96,000 net subscriptions in the year to June. The pay TV company posted revenues for the first half of this year of €2.392 billion, up 2.8%. Canal Plus Group (which includes StudioCanal as well as the French and overseas pay TV operations) posted EBITA of €495 million for the first half, […]

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