Canal+ channels threatened with closure

Canal+ chairman Vincent Bolloré has threatened to close down the broadcaster’s loss-making premium pay-TV channels if their balance sheets fail to improve in the coming months. Talking at Vivendi’s general meeting of shareholders, Bolloré warned that Canal+ Group could divest the pay-TV unit to concentrate on its distribution activities (Canalsat, Canal Overseas, StudioCanal) with beIN […]

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