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Orange enters talks to sell sports channel to Al-Jazeera

Tuesday 12 July 2011 | 15:56 CET | News
France Telecom Orange is in preliminary discussions about the possible sale of pay TV channel Orange Sport to Qatar's Al-Jazeera, the French operator's chairman and CEO, Stephane Richard, told Reuters. He added that France Telecom was set to finalise an agreement with French pay TV group Canal Plus about forming a joint venture that will own the Orange Cinema Series channels. He indicated that Orange would own 66 percent of the venture, with the remaining share to be held by Canal Plus. The partners initially said they would form a 50/50 venture and La Tribune subsequently reported that there

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