Vivendi/Canal+ Group have announced that they will acquire the remaining 9.9% that TF1 still holds in Canal+ France. The transaction, worth €744 million, will be closed before the end of this year.
The French private broadcasters Canal+, TF1 and M6 are looking to create a common Catch-up TV platform, according to a report in Les Echos. At the moment, about ten million French viewers use at least one of these services.
It looks likely that CanalSat will continue to have exclusive carriage of the thematic pay channels from TF1 and M6. Bids from the main IPTV providers to gain access to these channels stalled at €25 million.