FILE PHOTO: A man looks at his cell phone as he passes a display for advertisement, Walt Disney’s streaming service, Disney+ New York City, USA, 12 November, 2019 at the latest. REUTERS/Brendan McDermid/File Photo
PARIS (Reuters) – Walt Disney Co’s (DIS.(N) will be the launch of the Disney+ streaming service to Vivendi SA’s (VIV.PA) – pay-TV activities of the Canal+ platform by the end of March of the following year, the members of the two groups said in a joint interview released to the daily newspaper Les Echos on Sunday.
Traditional media companies such as Canal+, is under pressure to find ways to bulk up their content when they are faced with competition from deep-pocketed online streaming platforms such as Netflix Inc (NFLX.D) and by new entrants to the sport’s commercial rights, such as the Chinese ownership of Mediapro.
“This exclusive partnership is another important step in the transformation of the Canal+ model,” she said of the French broadcaster’s chief executive, Maxime Saada.
Saada refused to say how many channels, Canal+, would expect of Disney+.
Kevin, However, who is the head of Disney’s Direct-to-consumer products & International business, the US group had hoped to acquire up to 60 million to 90 million people by 2024.
Data from analytics firm Sensor Tower on Friday, it has been estimated that Disney+ has been installed by an estimated 28 million customers in five countries since its launch on Oct. 12.
Reporting by Sybille de La Hamaide; Editing by Peter Cooney