How the World Cup Boosted Canal+ Results
The company said 2026 FIFA World Cup advertising and cost synergies helped offset a 2.9% decline in MultiChoice revenue.
- On Tuesday, Canal+ Group reported a 40% revenue climb to $4.8 billion for the first half of 2026, driven primarily by the $2 billion acquisition of African pay-TV giant MultiChoice Group.
- The company has already realized $136 million in profit-and-loss synergies from the MultiChoice takeover, remaining on track to achieve its $284 million synergy target by the end of 2026.
- Subscriber acquisitions in MultiChoice territories rose 40% from a year earlier, with June marking the best month for new customers in South Africa in a decade, driven by FIFA World Cup programming.
- Adjusted EBIT rose 68% to $492 million, representing a 10.1% margin, while production arm Studiocanal posted revenues of €356M, up 9.9% year-over-year.
- Canal+ confirmed plans to launch in Belgium next year after securing exclusive UEFA rights, and pledged more than €980M to French and European cinema over five years.
14 Articles
14 Articles
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Canal+ Group, the parent company of “Paddington” producer Studiocanal, saw its revenue climb 40% to €4.3 billion ($4.8 billion) for the first half of 2026, boosted by the acquisition of MultiChoice which has significantly expanded the pay-TV group’s footprint across Africa. The group, which is listed at the London stock exchange, said it had already […]
The owner of the audiovisual group said that he was "satisfied enough" with the results which showed a "change in size" of his activity.
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The $2B acquisition of Africa’s MultiChoice has helped Canal+ post higher half-year revenues and earnings. Unaudited total group revenues saw revenues grow 40% to €4.29 billion ($4.88 billion), though without MultiChoice the growth shrinks to just 1.4% year-on-year compared to 2025’s €3.07B. Similarly, adjusted EBIT (before exceptional items) was up 68% to €433M, from €257M, […]
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Ten months after completing its takeover of MultiChoice, Canal+ is beginning to produce the kind of results that investors have been waiting to see. The French media group reported a 40% year-on-year increase in subscriber acquisitions across former MultiChoice markets during the first half of the year, while adjusted operating profit rose 160% to €143 … The post Canal+ Says Its MultiChoice Strategy Is Driving Subscriber Growth appeared first on…
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