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Canal Plus, Orange formalise Orange Cinema Series deal

Monday 28 November 2011 | 10:36 CET | News
French pay TV operator Canal Plus and Orange have completed their negotiations and formally signed an agreement for Canal Plus buy 33.3 percent of the Orange Cinema Series channel, Les Echos reports, citing unnamed sources. The newspaper discounts recent reports that the deal was being blocked by European competition authorities. For Brussels, the main issue is whether Canal Plus and Orange would have joint control of Orange Cinema Series. If so, the European Commission would be entitled to impose obligations on the basis of Canal Plus's market dominance, which the partners want to avoid at

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Categories: Broadcast & Satellite / Internet
Companies: Canal Plus / European Commission / Orange
Countries: France
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