France's Canal+ set to cancel terrestrial TV offerings ahead of London IPO
Forrás:
Euronews.com
5 hónapja
Canal+, owned by Vivendi, will remove its paid channels from terrestrial TV in France starting June 2025, citing a restrictive tax and regulatory environment. The decision follows the loss of its C8 channel's license due to fines for broadcasting standards violations. Canal+ faces tax complaints and potential costs of €655.6m. CEO Maxime Saada has been reducing the renewal duration for terrestrial licenses, indicating a long-term strategy. The announcement precedes Canal+'s upcoming listing on the London Stock Exchange. Teljes cikk (Euronews.com)