Report
Jerôme Bodin

Vivendi : Canal+ reclaims the rights to the Champions League and weakens Mediapro

>Costly rights but which could create a turning point in the French market - Groupe Canal+ has acquired a share of the broadcast rights to the Champions League at the UEFA auction. The total amount for these rights reveals significant inflation (+19%) whilst the increase was already substantial at the previous attribution of these rights to RMC Sport (+120%). We estimate the annual cost for Groupe Canal+ at € 200m. That said, this attribution weakens Mediapro’s initi...
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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