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Bollore to step down as Canal Plus chairman - report

Friday 24 June 2016 | 09:06 CET | News
Vincent Bollore is preparing to step aside and allow his son Yannick Bollore to take over management of Canal Plus, reports Le Figaro. The father is prepared to step down as chair of the supervisory board this summer and "let go a little of the short reins" he's given the pay-TV provider, the paper said without naming its sources. He plans to give more time to Vivendi in future. Bollore has been working in recent years to restore results at Canal Plus, which has suffered from a shrinking customer base and revenues. His manner has caused some concern among employees who fear for the future of

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Categories: Broadcast & Satellite
Companies: Canal Plus / Vivendi
Countries: France
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