The acquisition of M7 Group by Canal+ is likely to have far-reaching consequences for the TV industry in Central and Eastern Europe.
Canal+ has acquired the Luxembourg-based M7, which operates a series of independent pay-TV platforms across the Benelux and Central Europe.
This Monday, March 11, Canal+ will unveil details of its SVOD service that is destined to counter Netflix.
The top five SVOD services are behind 89% of total subscription streaming revenues in Europe, according to Michail Chandakas at Kagan.
Canal+ added an additional 654,000 subscribers in 2018, but its subscriber base in France itself continues to erode.
Canal Plus has renewed is investment in French cinema in an accord running up until the end of 2022, which also shortens the window of new movies to six months after theatrical release.
The Polish DTH platform nc+ has secured the rights to the Premier League until 2022.
Canal+ has won the rights to the Premier League for the next three seasons, regaining the French rights to English top-flight football from Altice’s RMC Sport.
Canal+ Group has signed a commercial agreement with SFR for the distribution of the RMC Sport bouquet.
Pierre Lescure is leaving the Lagardère SCA supervisory board with immediate effect.