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

Technology

FILE PHOTO: A man looks at his phone as he passes by a screen advertising Walt Disney’s streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid/File Photo

PARIS (Reuters) – Walt Disney Co (DIS.N) will launch its Disney+ streaming service on Vivendi SA’s (VIV.PA) 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 (NFLX.O) 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

Products You May Like

Articles You May Like

Prepare to study in Canada
Study permit: Who can apply
Start-Up Visa Immigration to Canada Higher Than At Start Of Last Year
Calls In Quebec For Freeze On Temporary Immigration
Permanent Immigration To Canada Softer In First Two Months Of 2024
PEI Successful With Bringing in Foreign Nurses
Quebec Restrictions on Foreign Workers ‘Impacting Businesses’

Leave a Reply

Your email address will not be published. Required fields are marked *