Report
Jerôme Bodin

Vivendi : Apple: acquire Netflix for $ 200bn or forge an alliance with Vivendi for 10x less?

>Netflix or Vivendi? - We recap here on our idea of a potential alliance between Vivendi and Apple (see our report of 4 February 2019). It seems clear that the latter intends to step up development of content offers. After Apple Music, the group seems to want to launch offers in the video and games domains. In this context, one of our competitors mentioned last week a potential acquisition of Netflix by Apple. This scenario appears highly unlikely, in our view. 1/ eve...
Underlying
Vivendi SE

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jerôme Bodin

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