share_log

Disney+ to debut late March in France in exclusive deal with Canal+

路透社 ·  Dec 16, 2019 06:53

PARIS (Reuters) - Walt Disney Co will launch its Disney+ streaming service on Vivendi SA's pay-TV business Canal+ platform by the end of March next year, executives of the two groups said in a joint interview released in the daily Les Echos on Sunday.


Traditional media companies like Canal+ are under pressure to find ways to bulk up their content as they face competition from deep-pocketed online streaming platforms such as Netflix Inc and newcomers in the sports rights business such as Chinese-owned Mediapro.


"This exclusive partnership is a new major step in the transformation of the Canal+ model," said the French broadcaster's chief executive, Maxime Saada.


Saada declined to say how much Canal+ would charge for Disney+.


Kevin Mayer, who heads Disney's Direct-to-consumer & International business, confirmed the U.S. group hoped to acquire 60 million to 90 million customers by 2024.


Data from analytics firm Sensor Tower on Friday estimated that Disney+ had been installed by an estimated 28 million customers across five countries since its launch on Nov. 12.



(Reporting by Sybille de La Hamaide; Editing by Peter Cooney)



The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment