M7 Group


Canal+ acquires pay-TV operator M7

Vivendi-owned Canal+ has agreed to acquire international pay TV operator M7 group from private-equity investor Astorg Partners for just over €1bn ($1.1bn) in a move that marks a significant ramping up of the pay-TV outfit’s efforts in the international market. Canal+ and M7 Group have complementary European footprints. M7, which turns in revenues of over […]

MTG issues $58m bond in new funding plan

Modern Times Group has issued an SEK500 million (US$58.2 million) corporate bond, with the proceeds in part boosting the European broadcaster’s existing short-term funding. The notes are to be listed on Nasdaq Stockholm, and have been placed with Swedish and international investors, according to the group. “This is our second listed bond offering and investor interest […]

Netflix ‘irrelevant’ in CEE

Netflix’s content has little appeal for CEE audiences, and OTT is currently only really useful as a way for pay TV providers to deliver catch-up and multiscreen services, attendees at the NEM heard this morning. Speaking on a panel on DTH and OTT at the event in Dubrovnik, Croatia, Stanislav Georgiev, head of broadcast at […]

Scripps lifestyle networks spread in Europe

A pair of Scripps Networks International channels have launched on a number of satellite platforms from Europe’s M7 Group. Food Network and Fine Living have debuted on M7’s Canal Digitaal in the Netherlands, TV Vlaanderen in Belgium and Skylink in Slovakia and Czech Republic.SNI’s Travel Channel is already available in HD on these platforms. “Following […]