Canal+ has signed a new agreement with the French film industry that extends their relationship until at least 2024.
The partnership between the pay-TV group and the French film organisations, represented by BLIC, BLOC and ARP, goes back more than 30 years.
Included is a guaranteed investment by Canal in French and European cinema of €600 million over the next three years. The films will be seen on the Canal+ and Cine+ channels. In return the window after which Canal can premier the films has been reduced to six months after their theatrical release.
Canal will have an exclusive rights window of nine months with a possible extension to 16 months.
The broadcaster is bound by legislation requiring it to support the French cinema industry and both sides have now called for government approval.