Sunday, April 24, 2016

Is this the end of Canal +? – Onet.pl

Canal + broadcasting in Poland since 1995. It was then, 21 years ago, he was in our country the first paid television channel. Unfortunately, Vincent Bollore, chairman of the Vivendi Group, which manages the canal, revealed at a meeting of shareholders of the company that Canal + will soon may cease to exist.

All the huge losses it brings the company Canal +. Only in 2016 they could reach up to 400 million euros, the result of almost two times higher than a year ago. The channel is also in debt for more than a billion euros.

Although the prospects for recovery are very small, Bollore announced that it will continue trying to save Canal +, but does not rule out that the reference in this field fail and we have to say goodbye to the channel.

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