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January 05,
2007
Creation of Canal Plus France
Vivendi and Canal+ Group are pleased to announce that in line with previously
publicized agreements, the pay TV businesses of Canal+ Group and TPS were
combined into Canal+ France.
TF1 and M6 have thus contributed TPS to
Canal+ Group in exchange for a 15% stake in Canal+ France (9.9% for TF1 and 5.1%
for M6). At the same time, Lagardère has transferred its 34% shareholding in
CanalSat and has made an additional cash contribution to acquire a 20% stake in
Canal+ France.
Exclusively controlled by Vivendi
via Canal+ Group, the new entity represents a media player comparable in size to
the largest groups in Europe, one that can effectively operate on the new
competitive playing field and energize the television market for the benefit of
consumers.
Important disclaimer:
This press release contains
forward-looking statements with respect to the financial condition, results of
operations, business, strategy and plans of Vivendi. Although Vivendi believes
that such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance. Actual results may differ
materially from the forward-looking statements as a result of a number of risks
and uncertainties, many of which are outside our control, including, but not
limited to, the risks described in the documents Vivendi filed with the Autorité
des Marchés Financiers (French securities regulator) and which are also
available in English on our web site (www.vivendi.com). Investors and security
holders may obtain a free copy of documents filed by Vivendi with the Autorité
des Marchés Financiers at www.amf-france.org, or directly from Vivendi. The
present forward-looking statements are made as of the date of the present press
release and Vivendi disclaims any intention or obligation to provide, update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
Contacts :
Vivendi : Antoine Lefort
(01 71 71 11 80) – Agnès Vétillart (01 71 71 30 82) – Flavie Lemarchand-Wood (+
1 212 572 11 18)
Groupe Canal+ : Laurence Gallot (01 71 35 02 22) - Antoine
Banet-Rivet (01 71 35 00 26)
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