Vivendi’s Bollore Said to Step Down as Head of Canal Plus Unit

Vivendi SA Chairman Vincent Bollore will step down as the head of the French media company’s Canal Plus television unit, according to a person familiar with the matter.

Bollore will relinquish the title of Canal Plus chairman this summer, said the person, who asked not to be named because the move hasn’t been announced. Bollore became chairman of the unit, one of Europe’s biggest pay-TV networks and a major producer of films and television shows, nine months ago.