M7 Group
| Company type | Subsidiary |
|---|---|
| Industry | Television service provider |
| Predecessor | M7 Group |
| Fate | Acquired by Canal+ Group in 2019; rebranding ongoing |
| Headquarters | Luxembourg , Luxembourg |
Area served | Austria, Belgium, Czech Republic, Slovakia, Netherlands, Romania, Hungary, Germany, Luxembourg |
| Products | Direct-to-home satellite pay-TV platforms, terrestrial pay-TV platform, multimedia solutions for business clients |
| Owner | Canal+ Group (Vivendi) |
| Parent | Canal+ Group |
Canal+ Luxembourg S.à.r.l., commercially known as M7 Group, is a television service provider headquartered in Luxembourg and owned by the French media giant Canal+.
The company manages several direct-to-home satellite pay-TV platforms throughout Europe. These include HD Austria in Austria, Télésat serving Belgium and Luxembourg, TV Vlaanderen in Flanders (Belgium), Skylink covering the Czech Republic and Slovakia, as well as Canal Digitaal and Online.nl in the Netherlands. Additionally, M7 Group operates Focus Sat in Romania and Direct One in Hungary. Besides satellite services, it also offers a terrestrial pay-TV platform in Flanders and provides multimedia solutions for business clients.
Following its acquisition by Groupe Canal+ in 2019, M7 Group has been progressively rebranding its offerings under the Canal+ banner since .
History
In July 2014, the private equity firm Astorg purchased a controlling interest in M7 for €350 million through its Fund V, acquiring shares from Providence and Airbridge Investments. By December 2017, Astorg had become the sole proprietor after restructuring €570 million of debt, which facilitated a €175 million dividend distribution to previous shareholders.
On 30 July 2014, M7 Deutschland expanded by acquiring the German B2B satellite platform Kabelkiosk from Eutelsat. Two years later, in 2016, M7 discontinued its Hungarian satellite service Hello HD.
In December 2018, M7 revealed plans to acquire Liberty Global’s satellite operations across the Czech Republic, Slovakia, Hungary, and Romania for €180 million. This deal was finalized in spring 2019 after receiving regulatory clearance, resulting in the integration of the Freesat platform into Skylink.
Vivendi’s Canal+ Group reached an agreement on 28 May 2019 to purchase M7 Group for €1.1 billion. The transaction was completed on 12 September 2019 following approval from the European Commission.
M7 announced the shutdown of Diveo, its German satellite platform launched in February 2018, effective from 30 November 2019. In July 2020, M7 Group S.A. merged with UPC DTH S.à.r.l., adopting the official company name Canal+ Luxembourg S.à.r.l., while continuing to use the M7 brand accompanied by the tagline "A Canal+ Group company."
Although part of Groupe Canal+ since 2019, M7 maintains operation under its established brand name while gradually transitioning its services to the Canal+ brand beginning January 2024.[1][2][3]
External links
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- Articles with short description
- M7 Group
- Direct broadcast satellite services
- Canal+ S.A.
- Television in Austria
- Television in Belgium
- Television in the Czech Republic
- Television in Hungary
- Television in the Netherlands
- Television in Romania
- Television in Slovakia
- Television in Germany
- 2019 mergers and acquisitions
- Pages with script errors