Vivendi : Amazon acquires 8 L1 matches, Canal+ withdraws: what is the strategy? What likely impact?
>Following the attribution of L1 rights to Amazon, Canal+ has abandoned its rights and will no longer broadcast L1 matches - On Friday, Groupe Canal+ announced that it will no longer broadcast L1 matches as of next season following the decision by the LFP (professional football league) to sell the rights to 8 matches a day to Amazon (for € 250m/annum, according to the press). Note that Group Canal+ holds the rights to 2 matches per day out to 2024 after a sub-licensin...Vivendi is an audiovisual group active in the entertainment industry with activities in music, TV, cinema, mobile, fixed and internet, and games. Co.'s operations are divided into five businesses: Canal+ Group which produces and distributes pay-TV in France, analog or digital, and is involved in film making; Universal Music Group which sells recorded music (physical and digital media); GVT which serves as a telecommunication operator for fixed ultra high-speed broadband, fixed-line telecommunications and Pay-TV in Brazil; SFR which is engaged in mobile phone services in France, as well as fixed and ADSL services; and Other Activities which involves ticketing, Wengo and Watchever.
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