Canal+ Group continued its tentative recovery as the pay-TV group recorded 2017 revenues of €5.246 billion, near level with 2016.
The Vivendi company has been growing by the quarter; Q4 revenues were up by 5.7 per cent at constant currency.
As at the end of December 2017, Canal+ Group had total subscriber numbers of 15.6 million, compared to 15 million at the end of 2016. 11.9 million were individual subscribers and there were another 3.1 million wholesale customers.
The slowdown in French TV revenues is beginning to be arrested. C8 was the leading DTT channel in France for the fourth consecutive year despite slightly lower revenues, impacted by last July’s fine and advertising ban from regulator CSA.
Revenues from international TV operations grew by 4.8% compared to 2016 with an annual increase nudging 700,000 and reaching nearly 3.5 million subs at the end of December 2017.