Vivendi's Canal Plus in talks to buy telco Orange's film and pay TV units - Variety (updated)

Television Francaise 1 SA

18/11/2022 07:29

(Adds details)
       PARIS, Nov 18 (Reuters) - Vivendi's  VIV.PA  Canal Plus
TV arm is in exclusive talks to buy the film and pay TV
operations of Orange  ORAN.PA , France's biggest telecoms group,
industry publication Variety reported on its website.
    Orange - which has a multi-year contract with HBO - declined
to comment on the report. Canal Plus also declined comment.
        In September, French TV companies 
    TF1  TFFP.PA  and M6  MMTP.PA  abandoned a merger plan
     that had been aimed at forming a domestic French TV giant
able to challenge U.S. streaming services such as Netflix
 NFLX.O . 
  
 (Reporting by Mathieu Rosemain and Piotr Lipinski;
Editing by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))