Vivendi’s Canal Plus in talks to buy Orange’s film and pay TV units – source

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Reuters UK

By Mathieu Rosemain PARIS (Reuters) -Vivendi’s Canal Plus TV arm is in exclusive talks to buy the film and pay TV operations of Orange in a deal that would allow it to add nearly 3 million subscribers and close in on Netflix in France, a source told Reuters on Friday. Informal talks between Vivendi’s Canal Plus, which already owns a third of the OCS pay TV business, and Orange – France’s biggest telecoms group – have been going on for months. In addition to OCS, Canal Plus would also buy Orange Studio, the content division in charge of co-producing, selling abroad and distributing select films…

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