French media giant Vivendi has reported a $1.07 billion (€1.01 bn) loss for its 2022 trading year, which it blamed in part on its deconsolidation of its stake in Telecom Italia. The loss compares with its profits of $25.9 billion (€24.6bn) in 2021 and that influenced by it spinning off its 60 per cent stake […]
For the first quarter of 2022, French media group Vivendi has reported revenues of €2.37 billion, up 13.4 per cent on the €2.09 billion reported for the first quarter of 2021. This increase was attributed to the growth of Canal+ Group (up €89 million), Havas Group ( up €89 million) and Vivendi Village (+€20 million). […]
French broadcasting rules and obligations are probably the toughest in Europe, and are likely to become even more rigid. The French senate has published a report on media concentration, which some observers say was prompted by the merger proposals between TF1 and M6 and the Vivendi take-over bid of Lagardère. A report to clients from […]
Vivendi has reported 2021 revenues of €9.5 billion, up €904 million (+10.4 per cent) compared to 2020. This increase is mainly due to the growth of Canal+ Group, Havas Group and Editis. It also included the impact of the consolidation of Prisma Media as from June 1st 2021. For the fourth quarter of 2021, Vivendi’s […]
A timely note to clients from investment bank BNPP/Exane looks at the potential media-related winners and losers impacted by the latest Covid variant. The bank says that while there are justifiable fears from the new variant, there will inevitably be media businesses that are impacted, some with good news, and others not so likely to […]
French media conglomerate Vivendi has asked the Spanish government for authorisation to buy up to 29.9 per cent in Spanish media company Prisa. Prisa revealed the request in a filing to the stock market regulator. Vivendi already holds a 9.94 per cent stake in Prisa. Vivendi had previously said the initial stake was part of […]
After spinning off Universal Music, Canal+ is now Vivendi’s biggest unit and it contributed most of a 10 per cent YoY revenue boost to €2.48 billion for the first nine months of its financial year. Q3 sales were €1.47 billion with a highlight a 35 per cent increase at Studiocanal. Domestic French revenue was €2.29 […]
Canal+, the French pay-TV broadcaster owned by Vivendi, has renewed the rights to the Premier League from 2022 to 2025, and will show all 380 games per season. All matches will air across the Canal+ channels, as well as on streaming service myCANAL and, in particular, on the Canal+ Premier League digital channel. Maxime Saada, […]
Media groups Vivendi, Fininvest and Mediaset have come to a global agreement to put an end to their disputes by waiving all litigation and claims between them. Vivendi will support Mediaset’s international development by voting in favour of the transfer of Mediaset’s headquarters to the Netherlands and will also vote in favour of the proposed […]
Vivendi will have to compensate Mediaset and RTI with €1.7 million for not having respected the agreement from April 8th 2016 for the sale of pay-TV unit Mediaset Premium. The ruling was made by the Court of Milan, which ascertained “Vivendi’s failure to meet its preliminary obligations” and condemned the French group to compensate Mediaset […]