Cyfra Plus and ‘n’ become nc+

Polish pay TV operators Cyfra Plus and ‘n’ have officially merged, following regulatory approval for the deal.

The Cyfra Plus and ‘n’ platforms are to be renamed nc+ and will have a combined subscriber base of 2.5 million post-paid customers. Under the deal, Canal Plus Group, the owner of Cyfra Plus, will own 51% of nc+, with TVN Group and UPC owning 32% and 17% respectively.

A new management board will lead the company, with Julien Verley as president and CEO supported by vice-president, business affairs, communications and branding Beata Monka, vice-president, programming and product Christian Anting, vice-president, finance Nicolas Dandoy and vice-president, sales and logistics Artur Przybysz.

Bertrand Meheut, CEO of Canal Plus Group, said: “This ground-breaking strategic partnership with TVN Group, Poland’s leading media company, and the launch of nc+ represent major milestones for Canal Plus Group in the diversification and expansion of its activities. This partnership will further internationalise our business, strengthen our existing position in Poland and enhance our growth profile.”