Vivendi’s Canal Plus in talks to buy telco Orange’s film and pay TV units – Variety

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Reuters UK

PARIS (Reuters) – Vivendi’s Canal Plus TV arm is in exclusive talks to buy the film and pay TV operations of Orange, France’s biggest telecoms group, industry publication Variety reported on its website. Orange – which has a multi-year contract with HBO – declined to comment on the report. Canal Plus also declined comment. In September, French TV companies TF1 and M6 abandoned a merger plan that had been aimed at forming a domestic French TV giant able to challenge U.S. streaming services such as Netflix. (Reporting by Mathieu Rosemain and Piotr Lipinski; Editing by Sudip Kar-Gupta)

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