GVT and EchoStar end their discussions
GVT remains actively committed to its Pay-TV development in Brazil
PARIS -- December 13, 2013
Vivendi (Paris:VIV) announced today that its subsidiary GVT and EchoStar have
ended discussions regarding a pay-TV joint venture in Brazil.
Vivendi remains firmly committed to accelerating the deployment of GVT’s
Pay-TV business. GVT will be pursuing its active growth development in this
field by its own.
Vivendi groups together leaders in content, media and telecommunications.
Canal+ Group is the French leader in pay-TV, also operating in French-speaking
Africa, Poland and Vietnam; its subsidiary Studiocanal is a leading European
player in production, acquisition, distribution and international film sales.
Universal Music Group is the world leader in music; it recently strengthened
and diversified its position with the acquisition of EMI Recorded Music. GVT
is a telecoms and media/content distribution in Brazil. In addition, Vivendi
owns SFR, a French leader in alternative telecoms.
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