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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Vivendi (PK) | USOTC:VIVEF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.60 | -5.56% | 10.20 | 10.07 | 10.25 | 10.20 | 10.20 | 10.20 | 350 | 18:55:33 |
By Olivia Bugault
Vivendi SA (VIV.FR)'s subsidiary Canal+ Group is in exclusive talks with beIN Sports--a network of sport channels owned by beIN Media Group (BEIN.YY)--over a distribution and sublicensing deal, the two companies said Monday in a joint statement.
Under the agreement, French film-and-television studio Canal+ Group would be the exclusive distributor of beIN Sports to third-party providers as of June 1, 2020, while also offering its premium sport channels in its package, the companies said.
BeIN Sports would exclusively sublicense its 2020-24 Ligue 1 football rights to Canal+, they said.
The agreement would run for five years and will be renewable, the companies said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
December 09, 2019 12:37 ET (17:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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