Vivendi


Canal+ owner Vivendi acquires 10% stake in Lagardère

Canal+ owner Vivendi has taken a 10.6% stake in troubled French media conglomerate Lagardère. The move, which follows Vivendi’s successful sale of a 10% stake in Universal Music Group to Tencent in a deal that valued the music unit at €30bn ($33bn), comes after a period when Lagardère has been under pressure from an activist […]

International expansion powers Canal+ to steady growth

International subscriptions helped boost Canal+’s revenues in the first quarter, with the pay TV outfit posting a 1% increase in sales in constant currency terms to take its top line to €1.37bn ($1.49bn). While Canal+’s revenue lift was modest, it helped parent company Vivendi turn in a solid quarter despite the early negative impacts of […]

Africa poised for surging pay TV subs growth but revenues will be more muted

Pay TV will continue its growth in Africa with subscriber numbers set to increase to 47.26 million by 2025, according to recently revealed research. The figure is up from 30.7 million at present, representing growth of 54%, with Nigeria set to be the largest individual market with 10 million subscribers by 2025. The country is […]

Vivendi and Mediaset fail to strike deal in proposed share sell-off

European media giants Vivendi and Mediaset failed to strike a deal on Friday that could have seen the French firm sell the stake in the Italian broadcaster that it holds indirectly through a trust arrangement. After more than a week of speculation that the pair were close to an agreement, Mediaset confirmed that “despite strenuous […]

Vivendi looks to sell Mediaset stake but deal remains uncertain

Vivendi and Mediaset are reported to be closing in on an agreement that could see the French media giant sell part of its stake in Mediaset, though uncertainty remains over whether a deal will be struck. Reuters reported yesterday that the two sides were close to a deal that would see Vivendi sell the 19.19% […]

Bolloré hands Vivendi reins to son Yannick

Vincent Bolloré is stepping down as Vivendi chairman and handing over the reins to his son Yannick. Vivendi’s supervisory board unanimously voted Yannick Bolloré as the new group chairman following the company’s shareholder meeting. Vincent Bolloré, who is 67, had earlier stepped down as Canal+ Group chairman in favour of Jean-Christophe Thiery, triggering a senior management mini-shuffle […]

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 […]

Vice confirms Vivendi’s Delport as int’l chief

Vice has confirmed that it has appointed former Vivendi Content head Dominique Delport as its president of international and chief revenue officer. News first emerged of the company’s intentions to hire Delport earlier this month. It has now been confirmed that Delport will report directly to Nancy Dubuc, who recently moved over to Vice as […]

Vivendi offloads Ubisoft stake as Tencent lands

European media giant Vivendi has sold off its stakeholding in Assassin’s Creed games studio Ubisoft for nearly US$2.5 billion, with Chinese tech monolith Tencent among the new shareholders. The deal sees Vivendi selling all 30.5 million of its shares – 27.3% of the entire business – for €2 billion (US$2.45 billion) to various investors. These […]

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