Canal + Finalizes Acquisition of Orange’s Pay TV, Film Subsidiaries in France

Canal + has reached a deal to acquire OCS and Orange Studio, the pay TV arm and film division of Orange, France’s leading telco group. Under the agreement, Canal + will be the sole shareholder of both OCS and Orange Studio, which handles series production, as well as co-production and theatrical distribution of movies. Canal + did not disclose any figure related to the deal. OCS ranks as France’s second local pay TV service behind Canal+. Orange Studio, meanwhile, has so far co-produced 200 titles and boasts a library of more than 1,800 TV series and films, such as Michel… Read Full Article