By FranceTV info In recent years, Canal + has lost ground on the sports market: in November, the loss of the rights of English football had marked the spirits. But Vivendi, owner of the chain, may have a solution. The group led by Vincent Bolloré would negotiate with the sovereign fund of Qatar, the redemption of his BeIN Sports competitor, according to a source familiar with the matter cited by AFP, confirming release information , Thursday 28 January.
“The discussions have been underway for more than a month” and an agreement could be officially recorded “in late February or early March,” the source told AFP . Neither Vivendi nor BeIN Sports have officially confirmed the existence of these talks.
For an expert quoted by Libération , the transaction would enable Canal + to find an offer of sports programs more consistent but also freeing BeIN Sports channels that are not profitable. Canal + and BeIN Sports are paricular, both exclusive agents of France football championship.
Two solutions were considered. Vivendi pourait redeem the French channels BeIN Sports, worth an estimated 500 millon euros. An amount that could be paid in shares: Qataris then enter the Canal + capital amounting to 8%
But Vivendi could just negotiate an agreement for the exclusive distribution. BeIN Sports channels. They would then be restricted to subscribers of its bouquets Canal + and CanalSat. Vivendi would competitors: according to a negotiator quoted by Libération, Orange and Free are also interested in the exclusive broadcast BeIN Sports. Such mergers, however, should be validated by the Competition Authority.
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