Story by Jesse WhittockDecember 16, 2024 • 12:24 PM
Image from Deadline
scrn logline
Paddington owner Canal+ suffers 20% stock plunge on first day of London trading after split from Vivendi
beat sheet
Canal+'s CEO Maxime Saada had hoped for a strong market debut, but the new standalone entity faced investor skepticism on its first day
The spinoff is part of Vivendi's strategy to streamline operations and focus on its core Universal Music Group division, leaving Canal+ to chart its own path
call sheet
Maxime Saada, Canal+, Vivendi, Universal Music Group, Paddington
Story by Jesse WhittockDecember 16, 2024 • 12:24 PM
Image from Deadline
scrn logline
Paddington owner Canal+ suffers 20% stock plunge on first day of London trading after split from Vivendi
beat sheet
Canal+'s CEO Maxime Saada had hoped for a strong market debut, but the new standalone entity faced investor skepticism on its first day
The spinoff is part of Vivendi's strategy to streamline operations and focus on its core Universal Music Group division, leaving Canal+ to chart its own path
call sheet
Maxime Saada, Canal+, Vivendi, Universal Music Group, Paddington