Canal+ Group completes SPI International acquisition
Last September, Canal+ agreed to buy a 70% majority stake in SPI International while keeping the current management team and operational structure in place.
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Last September, Canal+ agreed to buy a 70% majority stake in SPI International while keeping the current management team and operational structure in place.
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Bibas is replacing Canal+ drama head Fabrice de la Patellière, who is shifting to a production role at Canal+ subsidiary StudioCanal.
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The deal also notably advances the window for Canal+, allowing it to offer films six months after their release in theatres, contrary to the current eight-month waiting period.
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A selection of programmes from the channels will also be available on the VOD platform.
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Farhi, who founded SPI almost three decades ago, will continue to manage the business alongside CEO Berk Uziyel.
Canal+ has meanwhile ceased all promotion of the French football championship on its channels.
The agreement was facilitated and closed by Thema, a Canal+ group company and distributor of thematic and multicultural content.
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BeIN alleged that partner Canal+ had failed to respect the terms of its contract with regards to Ligue1 matches.
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BeIN Sports is seeking to make Canal+ respect the agreement and pay for the broadcast of the two Ligue 1 matches each week.
FightBox will be offered in the English language and will be available to Canal+ subscribers in the basic Desta package.
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Allente is offering recently revamped Paramount Plus with content from Showtime, CBS, Nickelodeon, MTV, Paramount Studios and Comedy Central.
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The partnership also includes a close marketing collaboration between both groups, with a focus on digital activities.
SES claims resilient year as it also signs long-term renewal with Sky UK that will add over 90m in the secured backlog.
The agency is also preparing to launch an educational learning platform for space technology.
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Multichoice confirmed the stake in a stock market filing but said it does not comment on individual shareholder relationships.
The demonstration will be broadcast live from Amsterdam on September 10 at 7 pm UAE time.
The acquisition represents the first run for both series in this region.
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The exclusive agreement, which is valid for a renewable period of five years, will make Canal+ exclusive distributor of beIN Sports across France.
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