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Canal Plus Chairman Expected to Resign

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Continuing the management upheaval at Vivendi Universal’s pay-TV operation, Canal Plus Group Chairman Xavier Couture is expected to resign this week, sources close to the company said.

Vivendi Chief Executive Jean-Rene Fourtou was said to be disappointed with Canal Plus’ continued losses and had clashed with Couture, who was appointed last year after former Vivendi CEO Jean-Marie Messier fired Pierre Lescure.

Lescure’s ouster led to widespread protests in France and contributed to Messier’s downfall last summer.

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Couture is expected to be replaced by Canal Plus’s second in command, Bertrand Meheut. Vivendi Universal spokeswoman Anita Larsen declined to comment.

-- Richard Verrier

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