Canal+ Finalizes Channels Deal with Bolloré

PARIS: Canal+ Group has signed the definitive agreement for buying the Bolloré Group’s free-to-air channels, Direct 8 and Direct Star.

Canal+ now takes on the Direct 8 and Direct Star channels in two steps, as well as the advertising sales division. Canal+ also has the option to acquire everything at one time in exchange for 22.4 million Vivendi shares.

Earlier this week France completed its analogue switch-off, transitioning fully to digital.