M7 Group to close down Diveo in Germany

Wednesday 30 October 2019 | 16:59 CET | News
M7 group has decided to close down its TV platform Diveo for DTH satellite households in Germany, Broadbandtvnews.com reports. The platform has not been able to match the company's growth expectations, the company said. M7 has already informed subscribers and partners of the change. However, the decision to close Diveo could be related with the acquisition of M7 Group by French TV broadcaster Canal+, owned by Vivendi. Canal+ wants to divest unprofitable businesses, the report said.

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Categories: Broadcast & Satellite / Internet
Companies: Canal+ / Diveo / M7 Group / Vivendi
Countries: Germany
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