Global Showbiz Briefs: Canal Plus, Yahoo, Power To The Pixel

Rodolphe Belmer Ascends At Canal Plus
Rodolphe Belmer has been appointed to the board the Canal Plus Group and named director general of the company. The executive, No. 2 at France’s dominant pay-TV company, was formerly deputy director general. Among his functions will be oversight of the free and pay-TV activities of Canal Plus in France as well as other activities. He will not, however, oversee international expansion or film-related activities which will remain under president Bertrand Meheut. According to Le Monde, Meheut, whose mandate at Canal Plus chief ends at the end of 2014, has been preparing his succession for several months. Belmer has been second in command at Canal since 2003 and recently oversaw the acquisition of free-to-air channels Direct 8 and Direct Star from the Bolloré group.

Yahoo To Bow Out Of South Korea
Yahoo Inc’s South Korean operation said today it will exit the country, underscoring its struggle against Google, Facebook and local competitors expanding aggressively into mobile advertising and online services. South Korea is the first Asian country Yahoo is leaving. Yahoo Korea, which started business in 1997 and is wholly owned by the U.S. search company, has around 200-250 employees in South Korea. It will terminate Korean online portal services in December. In the South Korean market, it has failed to beat local rivals such as NHN Corp, Daum Communications Corp and SK Communications Co.
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This article was printed from https://deadline.com/2012/10/global-showbiz-briefs-canal-plus-yahoo-power-to-the-pixel-357070/