265 articles today

Canal+ To Become Standalone Company As Vivendi Shareholders Approve Spinoff Plan

Deadline
Story by Jesse Whittock
from Deadline
Image from Deadline
scrn logline
Vivendi shareholders greenlight Canal+ spinoff, setting the premium channel on a bold new path as a standalone entertainment powerhouse.
beat sheet
  • The spinoff passed with an overwhelming 99% shareholder approval, signaling strong confidence in Canal+'s ability to thrive independently.
  • With its expanded autonomy, insiders say Canal+ is poised to ramp up investments in premium content and international expansion to better compete with deep-pocketed streamers.
call sheet
Canal+, Vivendi
Read the source