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Canal+ is eyeing Starz and would like to set foot in Hollywood

2022-05-09T17:05:21.711Z


ANALYSIS - The Vivendi subsidiary could accelerate its international expansion and secure direct access to content.


Canal+ could set foot in Hollywood by investing in the capital of Starz.

Owned by the independent studio Lionsgate, this American audiovisual group owns about fifteen pay TV channels in the United States and especially the international streaming platform StarzPlay.

Starz, which invests 3 billion dollars in content, is at the origin of franchises such as

Power

,

Outlander

or

Blindspotting

and broadcasts series acclaimed by critics such as

Normal People

or

Gangs of London.

According to the

Financial Times

and

Les Echos

, the subsidiary of Vivendi would have started discussions with Lionsgate, in order to take a minority stake at first, but with the idea of ​​eventually taking control of the company.

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Maxime Saada: "Canal + wants to be in the top 5 global players in paid content in 2030"

The two parties know each other well.

Since February 2021, Canal+ has become the exclusive distributor in France of StarzPlay and one of the largest outside the United States.

Strategically, this investment would have two effects: to ensure Canal+…

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Source: lefigaro

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