Today in Variety’s International Newswire, it’s all about soccer, with Vivendi losing French Ligue 1 soccer rights, while Zidane’s resignation as Real Madrid manager may just make Spain’s Laliga rights all the more attractive; in the fast contracting non-soccer universe, as the World Cup approaches, Netflix turns the screws on rivals in Brazil with a top company commission; Mexico’s Dopamine signals new hires
Has Vivendi just scored a massive own goal? In what analyst François Godard, at Enders Analysis, describes as “the biggest shock to the French broadcasting system in a generation,” on May 29, Spain’s Mediapro outbid Vivendi subsidy Canal Plus, Europe’s second biggest pay TV player, to rights to France’s Ligue 1 soccer matches over 2020-24. On Wednesday, Vivendi stock plunged 3.64% by market close. It had clawed back 0.56% by mid-morning trading, but analysts’ sentiment looks to be that Canal Plus now has a problem.
Has Vivendi just scored a massive own goal? In what analyst François Godard, at Enders Analysis, describes as “the biggest shock to the French broadcasting system in a generation,” on May 29, Spain’s Mediapro outbid Vivendi subsidy Canal Plus, Europe’s second biggest pay TV player, to rights to France’s Ligue 1 soccer matches over 2020-24. On Wednesday, Vivendi stock plunged 3.64% by market close. It had clawed back 0.56% by mid-morning trading, but analysts’ sentiment looks to be that Canal Plus now has a problem.
- 5/31/2018
- by John Hopewell, Jamie Lang and Leo Barraclough
- Variety Film + TV
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