Canal Plus, Telecom Italia Launch Joint Venture

Canal Plus and Telecom Italia have joined forces to launch a joint venture focusing on acquisitions and production of films and TV series.

The joint venture aims at bolstering the pay TV offer of Telecom Italia across linear and non-linear (Svod, VOD and catch-up) and allow the company to thrive amid a highly competitive landscape.

Under the partnership, the two companies will produce together Italian and international content as well as board co-productions. Telecom Italia and Canal Plus will also co-acquire sports rights, among others.

Telecom Italia will detain 60% of the joint venture, Canal Plus will have 40%.

Canal Plus’s original series as well as the in-house productions of Studiocanal (Canal Plus Group’s film and TV subsidiary) which have a strong international potential will also be part of the offer.

Jacques du Puy, Canal Plus International president, said Italy was a major market.

“We delighted to be developing premium content with Telecom Italia and leverage our expertise
See full article at Variety - Film News »

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