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TIM teams up with Canal+ for content joint venture

TIM teams up with Canal+ for content joint venture

TIM is strengthening its ties with majority shareholder Vivendi after creating a content JV with the French company’s pay-TV arm Canal+.

The unit will build a premium video service, which TIM said it will use to spark demand for its fibre products.

Activities will focus on rights acquisition and creation of both Italian and international content, offering both linear channels and on-demand services.

The Italian operator and Canal+ will respectively hold a 60 percent and 40 percent stake in the unit. A board of directors comprising three members appointed by TIM and two by Canal+ will lead the JV, with a CEO to be chosen from this board.

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Piotr Mieczkowski

Helping innovation & digital to grow. TMT expert & advisor.

https://tmt.expert