Canal+, the French media group, has increased its holding in MultiChoice to 42.47 per cent as it moves take full control of the African pay-TV company. Canal+ announced in a press statement that it had acquired in on- and off-market transactions, a further 3.87-million MultiChoice shares, and the transactions had been disclosed to South Africa’s […]
Vivendi is still exploring a stock split, as it posted Q1 revenues up significantly. Vivendi posted quarterly revenues of €4.28 billion up 5.4 per cent year-on-year. No earnings were revealed in the unaudited numbers. Canal+ saw revenues grow 4.3 per cent year-on-year to €1.5 billion. International revenues were up 5.8 per cent thanks to subscriber […]
Canal+ has made an all-cash mandatory offer to acquire all the shares of South African broadcaster MultiChoice that it does not already own for SAR35 billion (€1.73bn), both companies have confirmed. That offer at SAR125 per share follows an indicative offer of 105 rand made by Vivendi-owned Canal+ on February 1st, which MultiChoice rejected on […]
Seeking to further expand its presence on the Asian continent, Mega Max Media, the company behind the ducktv brand, has closed a distribution mandate agreement with THEMA, a Canal+ company. THEMA will now oversee the distribution of ducktv content across Asia-Pacific and South Asia, providing educational and entertaining programming for toddlers and preschoolers through linear, […]
Canal+ has increased its offer for the acquisition of African pay-TV broadcaster MultiChoice, after being ordered to make an immediate bid by South Africa’s Takeover Regulations Panel (TRP) The Vivendi-owned company has raised its proposal from the previously rejected 105 rand per ordinary share to 125 rand, as confirmed by a joint statement issued by […]
South Africa’s Takeover Regulations Panel (TRP) has ruled that French media company Canal+, owned by Vivendi, must make a mandatory offer immediately to buy the remaining shares of pay-TV company MultiChoice. Canal+, the biggest shareholder, offered to buy the rest of the company for €2.5 billion earlier this February. It held a 31.67 per cent […]
Canal+ Group has increased its stake in Viu, the Asian OTT platform, to 30 per cent, in accordance with the terms of the transaction announced on June 21st 2023. For the French media group, owned by Vivendi, this increase marks a further step in its plan to make Asia its next growth driver, through its […]
Luxembourg-based M7 Group, the pay-TV provider owned by Canal+, has concluded a satellite distribution agreement with Prague-based Stanice O. for its music channels ÓČKO TV and ÓČKO STAR. ÓČKO TV has been broadcasting since 2002, making it the first Czech thematic television focusing on music and modern lifestyle. ÓČKO Star features hits from the eighties […]
DAZN, the sports streaming service, has announced the appointment of Brice Daumin as CEO of its French and Swiss operations. Daumin will oversee DAZN’s growth strategy in France, using his experience in the French market garnered from over 25 years in the country’s media and telecoms industries. Daumin joins DAZN following 16 years at French […]
Canal+, the pay-TV business owned by French media group Vivendi, has raised its stake in Viaplay to 29.33 per cent as part of a recapitalization plan, confirming its position as the largest shareholder in the Nordic streaming platform. Canal+;s previous stake in Viaplay was 12 per cent. Viaplay separately said it completed a recapitalisation that […]