Canal Plus Finalises Takeover of Orange’s TV Channels and Production Studio

Tim Cross 09 January, 2023 


French TV business Canal+ announced this morning that it has finalised a deal to buy OCS, a TV business owned by French telco Orange, as well as Orange’s production unit Orange Studio. Financial terms of the deal have not been disclosed.

OCS, previously known as Orange Cinéma Séries, launched in 2008 as Orange’s big play in French pay TV. The service, which was initially exclusive to Orange TV but has since been made available through other major French TV providers, runs three film-focussed pay TV channels, as well as a streaming business.

OCS is a significant player in the French market. Its channels have previously held French rights to a number of high-profile US series, thanks in part to a deal with HBO, including Game of Thrones, Band of Brothers, and Veep. This HBO deal however expired at the start of this year, meaning a significant amount of content has left its channels.

Orange Studios meanwhile, launched one year before OCS, has also made a name for itself thanks to some high profile productions. It specialises in French cinema and TV, but has made several international breakouts including Oscar winning films The Father and The Artist.

But while these two units have both been successful to an extent, they’ve not been financially viable for Orange. Reuters reports that these divisions have made losses for years, and Orange had been actively seeking to offload the loss-making units prior to this deal. In a press-release announcing today’s deal, Orange said that since launching the two businesses, “competition in the audiovisual sector, particularly for OCS, has continued to intensify with the emergence of powerful international platforms.”

Combined with Canal Plus’s existing TV and production outfits, the two companies believe OCS and Orange Studio will be more competitive. The two say, for example, that Canal Plus’s production studio StudioCanal “has many assets to promote the Orange Studio catalogue”.

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About the Author:

Tim Cross is Assistant Editor at VideoWeek. slot gacor 4d slot gacor togel pulsa slot88 akun pro thailand slot gacor 4d slot gacor slot gacor 4d toto slot situs toto slot5000 situs togel slot88 slot dana slot demo slot gacor situs togel situs togel slot gacor slot777 situs togel situs togel toto slot slot demo judi bola slot77 slot bonus slot deposit pulsa slot88 bandar togel slot gacor 4d slot gacor 88 toto togel situs togel bandar togel bandar togel slot gacor slot88 slot server thailand slot88 slot88 slot gacor slot gacor slot gacor slot88 bandar togel togel macau slot4d
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