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PARIS- A French court on Thursday ordered Vivendi's pay TV unit Canal Plus to honor its sub-licensing contract with Qatari-owned beIN Sports over Ligue 1 soccer broadcasting rights or face a penalty of 1 million euros per day, two sources close to the matter said.
The yearly contract, which runs until 2024, amounts to 332 million euros, sources have told Reuters.
A spokesperson for Vivendi's Canal Plus division declined to comment on the court ruling.
(Reporting by Mathieu Rosemain Editing by GV De Clercq) ((Mathieu.Rosemain@thomsonreuters.com; +33 1 8098 1239; Reuters Messaging: mathieu.rosemain.thomsonreuters.com@reuters.net; Twitter: https://twitter.com/MathieuRosemain))