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The French company announced its first quarter results, with a revenue of €4.28 billion, amid talks of corporate restructuring.

Canal+ Group bought its stake after Viaplay announced earlier on Thursday that it planned to let go of more than 25% of its staff.

Vivendi’s pay-TV business Canal+ is working on a potential bid for a minority stake in Starz, following the news that Roku partnered with Apollo Global Management to make a joint bid for the network.

Private equity firm KKR is eyeing a further investment in Telecom Italia's fixed-line network as Italy's main telecoms group weighs options for its assets to appease top investor Vivendi.

For the third quarter of the year, Vivendi’s revenues were €2.476 million, compared to €2.170 million for the same period in 2020. Canal+ Group was one of the biggest contributors to that growth.