2022-05-05 13:59:51 VIVHY Vivendi
Lionsgate
05/05/22 05/0513:59 05/05/2213:59 | Vivendi's Canal Plus weighs offer for stake in Lionsgate's Starz, FT reportsVivendi's (VIVHY) Canal Plus service is working on a potential offer for a minority interest in Starz, the U.S. premium channel owned by Lionsgate (LGF.A), as it aims to bulk up amid fierce competition in streaming, the Financial Times' Leila Abboud, Anna Nicolaou, and James Fontanella-Khan report, citing people familiar with the matter. The French company has made pay-TV and streaming expansion a priority following the sale of most of its stake in Universal Music Group, leaving Canal Plus as its primary profit source, the authors note. Reference Link Vivendi
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