• Latest
Merger Talks Between Sony And Zee Entertainment Are Still On The Table

Canal+ Increase Stake In Viaplay To Almost 30 Per Cent

July 21, 2024
South Africa: eMedia Surges In Advertising Revenue Despite Challenges, Achieving Historic High Of US$124 Million

BMA Industry Survey Reveals African Media Executives’ Strong Demand for Data-Driven Audience Insights and Revenue-Growth Strategies

September 15, 2025

East African Nations Unite For Landmark Satellite Communication Initiative To Enhance Connectivity

September 15, 2025
Gabon: Airtel and Moov Africa Télécom Unite to Enhance Network Infrastructure

Gabon: Airtel and Moov Africa Télécom Unite to Enhance Network Infrastructure

September 15, 2025
“Shaka iLembe” The Programme Responsible For 16,000 Jobs In South Africa

“Shaka iLembe” The Programme Responsible For 16,000 Jobs In South Africa

September 15, 2025
South Africa: MasterChef Moves To E.tv With Season 6 Set To Premiere In Early 2026

South Africa: MasterChef Moves To E.tv With Season 6 Set To Premiere In Early 2026

September 15, 2025
Judging Panel Announced For The 2025 Broadcast Media Awards In Victoria Falls, Zimbabwe

Judging Panel Announced For The 2025 Broadcast Media Awards In Victoria Falls, Zimbabwe

September 12, 2025
How AI Is Transforming The Landscape For Film Production And Distribution

eMedia Launches Virtual Production Facility To Revolutionise Filmmaking In South Africa

September 12, 2025
Day 1 Of Broadcasters Convention In Kampala – Delegates Calls For Rapid Digital Transformation And Ethical AI Use

Cassava Technologies Unveils Ambitious Plan To Expand AI Infrastructure Across Africa

September 12, 2025
Malawi: Regulator Launches Testing Sandbox To Propel Digital Innovation

Malawi: Regulator Launches Testing Sandbox To Propel Digital Innovation

September 12, 2025

Ghana: Documentary – ‘The Eyes of Ghana’ Celebrates The Cinematic History Of The Country

September 12, 2025
BMA And SABA To Recognise And Award Broadcasting Excellence During Convention In Victoria Falls, Zimbabwe – October 2025

BMA And SABA To Recognise And Award Broadcasting Excellence During Convention In Victoria Falls, Zimbabwe – October 2025

September 11, 2025
South Africa: SABC Secures Sponsorship To Broadcast Enable Free-To-Air Broadcast Of 2025 AFCON And More Sports Content

South Africa: SABC Secures Sponsorship To Broadcast Enable Free-To-Air Broadcast Of 2025 AFCON And More Sports Content

September 11, 2025
Monday, September 15, 2025
Broadcast Media Africa
  • Home
  • News & Reports
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
Login
Join BMA Network
BMA
  • Home
  • News & Reports
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
Login
Join BMA Network
BMA
Join BMA Network
No Result
View All Result
Home Mergers & Acquisition

Canal+ Increase Stake In Viaplay To Almost 30 Per Cent

July 21, 2024
Reading Time: 2 mins read
A A

According to industry reports, Vivendi-owned Canal+ is set to be the largest single shareholder in Viaplay after the Nordic media company’s recapitalisation saw the French pay-TV operator increase its stake to 29.33 per cent.

Viaplay has completed its US$383 million recapitalisation, including a US$191 million debt write-down that saw Czech investment firm PPF take a 29 per cent stake. Canal+ acquired a 12 per cent stake in July last year as Viaplay made emergency moves to secure financial stability following a disastrous set of quarterly results and a withdrawal from several expansion markets.

Maxime Saada, Canal+ chairman and chief executive, said: “Canal+ Group welcomes the successful completion of Viaplay’s recapitalisation. With a sound capital structure, a clear plan, and a new and committed management team, Viaplay has laid the ground for a successful turnaround.

“Our group’s support to Viaplay is a new testimony to our ambition to become a global player in video entertainment and extend the group’s footprint internationally, with a focus on Europe, Africa, and Asia, as also shown very recently by our offer to acquire the entire share capital of Multichoice Group and our investment in leading Asian steaming platform Viu last year.”

Vivendi announced in December last year that it is exploring options to spin out Canal+ as one of four separate listed entities and is undertaking an international expansion plan.

Having acquired Luxembourg-based M7 in 2019, Canal+ recently made an indicative bid to gain overall control of South African pay-TV operator MultiChoice. That offer was rejected, with the MultiChoice board saying it undervalued the company, but Canal+ did increase its stake above 35 per cent. Under South African regulations, this should trigger a mandatory offer for company control.

Share Tweet Post Email
Tags: Canal+Merger & AcquisitionMultichoiceViaplay
Share196Tweet123
Previous Post

SVOD Subscriptions Across Sub-Saharan Africa To Reach 16 Million By 2029 – Report

Next Post

Showmax “Successfully” Migrated Users To New Platform 

Publisher
-
Benjamin Pius
Publisher
-
Benjamin Pius

 About us

Our goal is always to keep industry stakeholders abreast of opportunities in technology and service innovations that are and will shape Africa’s broadcasting and media industry via quality news, information, intelligence and insight .

 Contact us

+44 (0) 207 712 1526
info@broadcastingandmedia.com
BSP Communications Limited
Level 37, One Canada Square
Canary Wharf
London, E14 5AB, United Kingdom

No Result
View All Result
  • Home
  • News & Reports
    • Animation Content
    • Broadcasting
    • Broadcasting Right
    • Broadcasting Rights
    • Cinema Content
    • Connectivity
    • Content Distribution
    • Content Production
    • Content Regulation
    • Film Festival
    • Film Industry
    • Media Regulation
    • Mergers & Acquisition
    • OTT & Streaming
    • Pay-TV
    • Radio Broadcasting
    • Regulation
    • Satellite
    • Tech Features
    • Telecommunications
  • Industry Resources
    • Audio & Podcasts
    • Reports & Presentations
    • TV and Videos
  • Products & Services
    • Promo: Spotlight Service
  • Events
    • All Events
    • BMA Events
  • Join BMA Network
  • Login
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.