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PARIS (Reuters) - Walt Disney Co <DIS.N> will launch its Disney+
streaming service on Vivendi SA's <VIV.PA> pay-TV business
Canal+ platform by the end of March next year, executives of the
two groups said in a joint interview released in the daily Les
Echos on Sunday.
Traditional media companies like Canal+ are under pressure to
find ways to bulk up their content as they face competition from
deep-pocketed online streaming platforms such as Netflix Inc <NFLX.O>
and newcomers in the sports rights business such as
Chinese-owned Mediapro.
"This exclusive partnership is a new major step in the
transformation of the Canal+ model," said the French
broadcaster's chief executive, Maxime Saada.
Saada declined to say how much Canal+ would charge for Disney+.
Kevin Mayer, who heads Disney's Direct-to-consumer &
International business, confirmed the U.S. group hoped to
acquire 60 million to 90 million customers by 2024.
Data from analytics firm Sensor Tower on Friday estimated that
Disney+ had been installed by an estimated 28 million customers
across five countries since its launch on Nov. 12.
(Reporting by Sybille de La Hamaide; Editing by Peter Cooney)
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