France’s Canal+ Buys Minority Stake in Asian Streamer Viu for $300M

France’s Canal+ Buys Minority Stake in Asian Streamer Viu for $300M

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France’s Canal+ is getting into the Asian streaming business. The French pay-TV giant revealed Wednesday that it is buying a 26.1 percent stake in Hong Kong-based OTT video service Viu for a staggered investment of $300 million. As part of the deal, Canal+ will hold the option of paying an…

#hongkong #hongkongs #middleeast #southafrica #korean #southeastasian #thailand #indonesia #malaysia #africa

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