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Broadband

French operator Free owns 20% stake in Canal Play VoD service - report

Tuesday 22 August 2017 | 15:22 CET | News
Free's parent company Iliad has exercised its option to purchase a 20 percent stake in Canal Play, the VoD subscription service created by Canal Plus, reports L'Express quoting an unnamed source. The transaction, which took place last year, was made possible by the terms agreed by the operator in 2011, when it sold its Free Home Video (FHV) VoD platform to Canal Plus. Free will reportedly have an option to change its stake in Canal Play in 2018, but has yet to make a decision on the matter.

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Categories: Internet
Companies: Canal Plus / Free / Iliad
Countries: France
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