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Eurosport France Company

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January 3, 2001 | Associated Press
Canal Plus, the pay-TV unit of French media group Vivendi Universal, on Tuesday confirmed plans to divest its stake in sports channels Eurosport and Eurosport France and to launch a rival sports channel. The French pay-TV unit holds a 49.5% stake in Eurosport, while its French rival, channel Television Francaise 1, owns the rest and is considered to be the likely buyer. Eurosport is the biggest European cable sports channel, claiming 30 million subscribers.
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BUSINESS
January 3, 2001 | Associated Press
Canal Plus, the pay-TV unit of French media group Vivendi Universal, on Tuesday confirmed plans to divest its stake in sports channels Eurosport and Eurosport France and to launch a rival sports channel. The French pay-TV unit holds a 49.5% stake in Eurosport, while its French rival, channel Television Francaise 1, owns the rest and is considered to be the likely buyer. Eurosport is the biggest European cable sports channel, claiming 30 million subscribers.
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