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Europe Daily Bulletin No. 7627

6 January 2000
Contents Publication in full By article 44 / 61
ECONOMIC INTERPENETRATION / (eu) television

The two largest French media groups LAGADERE and CANAL+ have formed an alliance on CANALSATELLITE. The first stage provides for LAGADERE taking a 34% stake in satellite division of CANAL+, a minority block that should cost the group FF 6 bn. France's foremost digital station, CANALSATELLITE has some 1.4 million subscribers for a turnover of some FF 3.2 bn in 1999.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT