[1andrew1]

Originally Posted by jfman

The release on the recapitalisation plan makes for grim reading. It does look like Canal+ might be positioning themselves to acquire the corpse.

https://www.reuters.com/business/med...bt-2023-12-01/

Canal+ will have lost a bit on their investment and haven't bitten Viaplay's arm off to acquire its Polish arm.

It looks like there weren't buyers for the Baltic and Polish operations so they limp on until Summer 2025, presumably in line with sports rights. Didn't see a mention of the US but may have missed it, this was a market they were planning on exiting too.

The intriguing bit is the innovative new deal for Formula 1 in the Netherlands. Presumably some revenue-sharing arrangement that reduces the headline rights costs in return for splitting advertising/subscription income.