Streaming giant Netflix officially opened its latest non-US office in Paris last month, signaling a deeper commitment to Europe. Netflix now has four offices in Europe.
France has always been on the front lines against Netflix’s expansion in Europe, but its calculated indifference is waning.
With increased competition from Netflix and Amazon, Canal+ lost a half of million subscribers in France during 2016.
Orange CEO Stephane Richard, said the company would consider bidding for Canal Plus if it came up for sale, but denied merger talks with Vivendi.