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 […]
Canal+, owned by French media group Vivendi, has made an offer to acquire all the shares it does not already own in South Africa’s MultiChoice Group. Any potential deal – which has been submitted to the MultiChoice board of directors – would be worth in the region of €1.6 billion and, according to Canal+, would […]
French media giant Vivendi is planning to split itself into three separate listed entities. Analysts at investment bank BNP/Paribas have looked closely at the plan. The three businesses are Canal+, ad-agency Havas and a holding company managing the remaining equity stakes in listed and non-listed companies. The bank says that Vivendi has long traded at […]
Media conglomerate Vivendi has confirmed it is exploring the feasibility splitting the company into several entities, each of which would be listed on the stock market. The company notes that since the distribution and listing of Universal Music Group in 2021, Vivendi has endured a significantly high conglomerate discount, substantially reducing its valuation and thereby […]
French media giant Vivendi has reported that it Q3 revenue rose by 3.1 per cent year on year to €2.43 billion, driven by growth in Canal+ Group and Havas segments. Canal+ Group recorded revenue growth of 5.7 per cent in the quarter, and +3.9 per cent for the first nine months of 2023 thanks particularly […]
For the first half of 2023, Vivendi’s revenues were €4.698 billion, an increase of 3.7 per cent (+3.2 per cent at constant currency and perimeter), mainly as a result of revenue growth at Canal+ Group (+€86 million) and Havas (+€61 million), as well as the performance of Gameloft (+€19 million). Arnaud de Puyfontaine, Chief Executive […]
Vivendi is taking a minority stake (12 per cent, via Canal+) in troubled Viaplay and the move, says investment bank Jefferies, is true to form. Vivendi has a history of cannily deploying capital to promote its myriad interests. In this instance, for a c.€30 million investment (out of a Vivendi group liquidity pile of €2.8 […]
To map the ever-changing European audiovisual sector the European Audiovisual Observatory, part of the Council of Europe in Strasbourg, has published the latest edition of its annual report on TV channels and on-demand services in Europe. The report – Audiovisual Media Services in Europe – was authored by Dr Agnes Schneeberger, Analyst within the Observatory’s […]
France’s Canal+ Group has again upped its stake in South Africa’s MultiChoice pay-TV operation. Canal+ now owns 31.7 per cent of MultiChoice which is itself listed on the Johannesburg Stock Exchange. MultiChoice operates the DStv, SuperSport and Showmax pay-TV options for African viewers. Canal+ is itself controlled by Vivendi. The new stake is up from […]