Canal+ for Illiad?
August 30, 2016
Vivendi pay-TV unit Canal Plus is talking to French telecoms firm Iliad about new distribution offers as it tries to stem subscription losses in the country, Les Echos has reported.
Orange, France’s number one telecoms operator, and Canal Plus said in July they would announce a new offer dedicated to Orange’s premium customers by the end of the year.
Last week, Vivendi announced a €300 million cost savings plan at Canal Plus in France with the aim of reaching breakeven in 2018 in the country.
The group has suffered from the competition of newcomers such as Netflix and Qatar-controlled beIN Sports channels.