The French satirical weekly Le Canard Enchaîné revealed on Wednesday that the Canal+ Group “refuses to pay its dues” to French cinema.
Vincent Bollore is said to be relinquishing his post as chairman of Canal+.
Drastic measures are needed, but Vivendi CEO Vincent Bolloré is confident about the future of the French pay-TV broadcaster: “Canal+ can be saved and will be saved”.
Canal’s Vincent Bolloré is reportedly considering to sell the loss-making ad-supported news channel iTélé.
Vincent Bolloré, chairman of the Vivendi supervisory board, has issued a wake-up call about the future of the Canal+ premium TV business.
Vivendi CEO Vincent Bolloré wants to buy BeIn Sports France to save Canal+, according to a report in Liberation.
A meeting of the Canal+ Group Supervisory Board has confirmed Vincent Bolloré as its new chairman.
The Supervisory Board at Canal+ has sacked CEO Rodolphe Belmer, replacing him with Maxime Saada, the current executive vice-president of Canal+ Group, and head of pay-TV.