Talks between the French group Canal Plus and BSkyB about the possibility of an alliance to create a European pay-TV group (see Newsline) have been suspended.
Following disagreements over the arrangement concerning management, where Canal Plus insisted that it have a dominant position in the management of the alliance (see Newsline)other problems have also come to light.
Canal Plus was adamant that it remain a French company, and that its main shareholder – Vivendi, another French group – stay as such. The group also required that the company remained independent, and in strict compliance with the rules of corporate government, and that its commitment to cultural and creative production in France and Europe generally be respected.
The French group commented: “No decision was made concerning these preconditions. As long as they have not been accepted, no other discussion will take place concerning the other parameters of an eventual agreement.”
Canal Plus: 00 33 144 25 10 00 Sky: 0171 705 3200
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.
