French Media Considers Satellite TV Venture
An AFP newswire article, via Yahoo! News, reports that:
French media groups Vivendi Universal, TF1 and M6 announced talks to link up their satellite television operations to compete with Internet and mobile telecom services, driving up their shares.
The negotiations were aimed at creating "a possible combination" between France's two rival satellite platforms, namely Canal Plus owned by Vivendi Universal and TPS, a subsidiary of French terrestrial television channels TF1 and M6, the companies said in a joint statement on Sunday.
posted by Fergie @ 12/12/2005 11:09:00 AM
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