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Canal subscriber increase

May 15, 2008 10.45 Europe/London By Julian Clover

Canal+ reported 5.3 million subscribers at the end of March 2008, representing an increase of 61,000 subscribers for the French pay-TV operator, compared to March 2007.

74% of subscribers signed for the Canal+ Le Bouquet multiplex compared to 64% one year ago.

Operating profit increased 3.7% to €170 million as sales put on 4.5% to reach €1.12 billion.

The earlier sale of a 10% stake in the Canal pay-TV business to Lagardere netted €239 million for parent Vivendi.

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Filed Under: Finance, Newsline Edited: 15 May 2008 14:18

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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