Canal Plus could move on TV Numeric

Canal Plus could make an offer for insolvent digital-terrestrial pay TV service TV Numeric, according to local reports.

According to a report on news channel’s BFMTV’s website, Canal Plus could be about to make an offer that would add TV Numeric’s 35,000 pay TV subscribers to its own base.

TV Numeric declared itself insolvent in October following a series of reverses including the shutdown of channels TPS Star and CFoot, laving its with only five pay services.

TV Numeric made cumulative losses of €39 million over the last three years, and posted revenues of €3.75 million in 2011. The service is set to close at the end of the year if no backers are found.

TV Numeric’s move into receivership in October did not affect its SelecTV subsidiary, which was allocated a DTT frequency by media regulator the CSA to offer video-on-demand services over the air.