Canal+ Commits $1.1 Billion to Boost French and European Film Industry
WHO:
Variety - Canal+, a pay-TV powerhouse, and French cinema organizations.
Deadline - France’s BLOC group, which includes film guilds SRF, SPI, UPC, DIRE, SDI, Animfrance, and director body ARP.
WHAT:
Variety - Canal+ has reached a five-year deal with French cinema organizations to invest nearly €1 billion ($1.1 billion) in French and European films.
Deadline - The deal with France’s BLOC group, which includes various film guilds, will begin in 2028.
The Hollywood Reporter - Canal+ achieved half of its €250 million ($284 million) synergies target following the acquisition of MultiChoice.
The Hollywood Reporter - Canal+ reported a 40 percent increase in subscriber acquisition in MultiChoice countries compared to the first half of 2025.
The Hollywood Reporter - June was noted as the "best subscriber acquisition month in South Africa in a decade."
The Hollywood Reporter - Canal+ production unit StudioCanal had box-office hits including "Guru" in France and "Pressure" in the U.S.
The Hollywood Reporter - Upcoming projects from StudioCanal include "Paddington 4," Zack Snyder’s remake of "Escape From New York," "The Road Home," and Danny Boyle’s "Ink."
Deadline - Canal+ reported a 40% increase in total group revenues to €4.29 billion ($4.88 billion) due to the $2 billion acquisition of Africa's MultiChoice.
Deadline - Adjusted EBIT (before exceptional items) rose 68% to €433 million, up from €257 million.
Variety - Canal+ will invest nearly €1 billion ($1.1 billion) in French and European films.
Deadline - Canal+ has pledged more than $1 billion for French and European cinema.
WHERE:
Variety - The deal involves French and European films.
WHEN:
Variety - The investment will take place between 2028 and 2032.
Deadline - The deal begins in 2028.
WHY:
Variety - Canal+ Chairman and CEO Maxime Saada described the agreement as “historic,” reaffirming Canal+’s position in the film industry.
HOW:
Deadline - The deal is part of a fresh agreement with various film guilds and organizations in France.
(UPDATED July 28, 2026 16:32 UTC)
Canal+ has secured a significant five-year agreement with French cinema organizations to invest nearly €1 billion, or about $1.1 billion, in French and European films. This partnership involves France’s BLOC group, which encompasses various film guilds, and is set to kick off in 2028. The deal marks a major commitment to supporting the film industry in France and across Europe.
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(UPDATED July 28, 2026 13:31 UTC)
Canal+ has successfully reached half of its €250 million synergies target following the acquisition of MultiChoice, while also reporting a remarkable 40 percent increase in subscriber acquisition in MultiChoice countries compared to the first half of 2025. June marked a significant milestone as it was the best subscriber acquisition month in South Africa in a decade. In addition to these achievements, Canal+'s production unit, StudioCanal, has celebrated box-office successes with films like "Guru" in France and "Pressure" in the U.S., and is set to release exciting upcoming projects including "Paddington 4" and Zack Snyder’s remake of "Escape From New York."
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(UPDATED July 28, 2026 08:51 UTC)
Canal+ has announced a significant 40% increase in total group revenues, reaching €4.29 billion, largely attributed to its $2 billion acquisition of Africa's MultiChoice. In addition, the company's adjusted EBIT before exceptional items surged by 68%, climbing to €433 million from €257 million. These impressive financial results highlight Canal+'s strong performance in the market.
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(UPDATED July 27, 2026 22:26 UTC)
Canal+, the pay-TV powerhouse, has announced a historic investment of nearly €1 billion, or about $1.1 billion, in French and European films, reaffirming its strong position in the film industry. This significant deal, which involves collaboration with France’s BLOC group and various film guilds, will kick off in 2028 and continue through 2032. Canal+ Chairman and CEO Maxime Saada emphasized the importance of this agreement, highlighting its role in supporting the future of cinema in the region.