Canal+ Group has reported stable revenues for the third quarter as the French pay-TV operation continued its slow turnaround.
The French subscriber base suffered another decline, moving from 8 million to 7.9 million, despite a decrease in churn by 4 points over the last 12 months to 13.4%, the lowest since Q3 2012.
The decrease was put down to the continued decline in Canalplay subscriptions and the termination of the Canalsat offer in favour of the new Canal offers and subscriptions via wholesale partnerships. The Canal+ channel’s individual subscriber base recorded a year-on-year increase of 227,000 subscribers.
International pay-TV operations performed better with a 726,000 increased in subscribers, boosted by the football World Cup.
