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By Olivia Bugault
Vivendi SA (VIV.FR)'s subsidiary Canal+ Group is in exclusive talks with beIN Sports--a network of sport channels owned by beIN Media Group (BEIN.YY)--over a distribution and sublicensing deal, the two companies said Monday in a joint statement.
Under the agreement, French film-and-television studio Canal+ Group would be the exclusive distributor of beIN Sports to third-party providers as of June 1, 2020, while also offering its premium sport channels in its package, the companies said.
BeIN Sports would exclusively sublicense its 2020-24 Ligue 1 football rights to Canal+, they said.
The agreement would run for five years and will be renewable, the companies said.
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(END) Dow Jones Newswires
December 09, 2019 12:37 ET (17:37 GMT)
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