![]() The company said the deal gives it 13 million subs in Europe and “confirms Vivendi’s intention to build strong positions in Southern Europe, a market that shares a similar Latin culture and roots”. It also launched a new premium mobile content service last week. ![]() It also owns the rapidly expanding TV and movie production and distribution business Studiocanal. Vivendi already has the Canal+ and CanalSat pay TV services in France and the Watchever OTT service in Germany. The deal sees the firms exchange a 3.5% equity stake in each other’s businesses and Vivendi take over Mediaset Premium.Ĭrucially, that service, which is distributed via DTT and IPTV platforms has local rights to the Champions League football tournament. They will also provide a greater challenge to Netflix and Amazon Prime Instant Video by creating a ‘global over-the-top television delivery platform’. ![]() The pair will also team on production and TV streaming services, in a major push that will see them take on the likes of European pay TV giant Sky. Vivendi and its Italian counterpart Mediaset have inked a deal that sees the French media giant take over its Italian counterpart’s pay TV division, Mediaset Premium.
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