Vivendi Unveils New Corporate Structure For Canal+ Group

Some Vivendi-owned assets, whose operations are closely aligned with those of Canal+, are currently in the process of being transferred to the latter for the sake of consistency.

Canal+ will consolidate together with its current business GVA, which provides telecommunication services in Africa, including high-speed Internet access marketed under the brand Canalbox; the video streaming platform Dailymotion; the performance venues L’Olympia and the L’Œuvre theater in France as well as the cinema theaters CanalOlympia in Africa.

In this new configuration, Canal+ Group will represent a unique international media operation with exposure to both mature and high-growth markets. It would have recorded €6.2 billion in revenues,

€472 million in Adjusted Earnings Before Interest and Income Taxes (EBITA) and €315 million in Cash Flow From Operations (CFFO) for the year ended December 31, 2023.

Its total number of subscribers would amount to approximately 26.8 million at such date, of which 16.0 million outside of France (c. 60%). Between Dailymotion and the OTT platform myCanal, Canal+ Group would record a global audience of over 400 million monthly active users.

In recent years, Canal+ Group has made significant expenditure and investments amounting to approximately €1 billion annually in technology (including its broadcasting and streaming infrastructure, software development, CRM, etc.) to provide a highly distinctive and industry-leading customer experience on the myCanal and Dailymotion platforms.

The attached appendix sets out key figures of the new consolidation perimeter of Canal+.

Canal+ Group will have three operating segments:

• Canal+ Europe – encompassing the Group’s subscription-TV (including OTT) and advertising-supported free-to-air (FTA) TV businesses across France, the French Overseas and adjacent territories, Poland, Central Europe and Benelux (through its wholly-owned subsidiary M7) as well as telecommunication services in the French Overseas territories;

• Canal+ Africa & Asia – encompassing the Group’s subscription-TV and advertising-supported FTA TV businesses, GVA and CanalOlympia venues across French-speaking Sub-Saharan Africa as well as subscription-TV business in Vietnam, Myanmar and Pacific territories;

• Content Production, Distribution and Other – encompassing Studiocanal, Dailymotion, Thema1 as well as L’Olympia and the L’Œuvre theater.

Canal+ Group also holds a non-controlling 45.2% stake in MultiChoice with an ongoing mandatory takeover offer, a 36.8% stake in the OTT platform Viu and a 29.33% stake in Viaplay.

SuperSport And SABC Agree On Sub-Licensing Terms Of PSL Broadcast Rights

SuperSport and the South African Broadcasting Corporation (SABC) have reached an agreement regarding the sub-licensing of Premier Soccer League (PSL) broadcast rights ahead of the start of the new Betway Premiership season.

 

The move comes after strong relations between the two South African broadcasters following the agreement of sub-licence agreements for the MTN8 tournament as well as the Currie Cup semi-final match which was contested this past weekend and upcoming final match.

 

The PSL saw the dawn of the new Betway Premiership last Saturday, 14 September 2024, with millions of fans seeing their favourite team content the biggest prize in South African football.

 

SuperSport CEO Rendani Ramovha said “The latest sub-licence agreement with the SABC is another step towards a strong relationship with the public broadcaster, for the benefit of the millions of football lovers across the country and the African continent. The PSL has proven itself time and again to be the most coveted football product among South Africans and we look forward to delivering another outstanding season of football action on Your World of Champions, SuperSport.”

SABC Group CEO Nomsa Chabeli said: “We are pleased with this acquisition, and it is another demonstration of our commitment to delivering exceptional sport content to our diverse audiences. Our rights package includes a total of 51 matches comprising of 23 Betway Premiership matches, 10 Carling Black Label Cup matches, 12 Nedbank Cup matches, and 6 National First Division matches. We will broadcast league matches every Saturday on SABC 1 during the league season, ensuring our audience has access to exciting live local football”.

 

 

 

Ms Chabeli further stated that “We will also be enhancing our coverage by strengthening the analysis team. This move will ensure that we provide insightful commentary and in-depth analysis for our viewers. The added new members to the team are Itumeleng Khune, Jabu Mahlangu as well as Coach Thabo Senong who will be joining our resident analysts Doctor Khumalo, Simphiwe Dludlu and Hlompho Kekana in studio”.