Maxime Saada

France’s Canal+ eyes 500 job cuts amid intense competition

French pay TV operator Canal+ is to reduce its workforce by around 500 posts as it struggles to regain ground following the entry of streamers such as Netflix. According to various press reports, the Vivendi-owned pay TV operator sent an email to employee representatives last week calling on them to attend a meeting on July […]

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 […]

Bolloré steps down in Canal+ management changeover

French pay TV operator Canal+ has named current CEO Maxime Saada as president of its directorate, replacing Jean-Christophe Thiery, who is in turn to replace Vivendi chairman Vincent Bolloré as chairman of the supervisory council. Bolloré took the reins at Canal+ after the departure of Bertrand Méheut in 2015, after Vivendi took full control of […]

Canal+ originals chief to lead new Studiocanal prodco

Canal+’s head of originals, , will lead a new French television production company at the pay TV giant’s subsidiary, Studiocanal. Saracco will also remain in her post as head of Canal+ Création Originale while also developing and producing new series in France as chairman of the prodco, which will sit within Studiocanal. She is best […]

CSA steps in as TF1’s dispute with operators deepens

French media regulator the Conseil Supéreiur de l’Audiovisuel (CSA) has volunteered to mediate in the increasingly rancorous dispute between the country’s leading commercial broadcaster TF1 and distribution platforms Orange, Canal+ and Free. The media watchdog expressed disquiet about the possible consequences of the dispute and said it was available to facilitate discussions between the relevant […]

Canal+ cuts premium pricing

Canal+ is cutting the price of its premium channel, introducing subscriptions with no fixed commitment and abandoning the practice of controlling the subscriptions sold by ISPs. This will enable internet companies to market its channels as part of a bundled offering – in a concerted drive to reverse the decline in its domestic base and […]

Saada slams Canal+ strike action

A strike by staff at Canal+ news channel iTele has spread to the broadcaster’s main pay TV service, with a reported 65 staff at the channel coming out in support of the news staff. Canal+ CEO Maxime Saada issued a statement to the effect that a symbolic strike had been voted for about 30 staff […]

Bolloré to ‘step down’ as Canal+ chair in handover

Vincent Bolloré is set to quit as chairman of Canal+ this summer, with his son Yannick likely to join the company’s board, according to a report by French daily Le Figaro. According to the paper, citing an unnamed source close to the matter, Bolloré intends to hand over the reins at Canal+ sometime over the […]

Canal+ ups execs, reining in costs

Vivendi-owned Canal+ has reorganised its executive ranks in an effort, it said, to keep better control of costs. Vivendi bosses recently said that Canal+ cannot continue to bleed red ink after four consecutive years of losses. Today Canal+ said that “in order to better control costs and control the income statement of its pay-TV operations […]

Canal+ hands FTA ents chief wider role

Vivendi-owned pay TV operator Canal+ has given free-to-air channel D8’s director of live and entertainment programming, Franck Appietto, the same responsibilities across Canal+. In his new role, Appietto will report to Canal+ Group CEO Maxime Saada. He will retain his responsibilities at D8 under the channel’s director-general Xavier Gandon. Appietto has held a number of […]