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Canal Plus leads Vivendi revenue increase

April 25, 2022 12.47 Europe/London By Julian Clover

Revenues at Vivendi grew by 13% in the first quarter as Canal+ Group and Havas both put on €89 million.

Canal is continuing its transformation and now represents half of the French media concerns revenues. First quarter revenues came in at €1,446 million, an increase of 6.5% on 2021.

Revenue from international operations increased by 6.2% thanks to a significant increase in the number of subscribers.

Studiocanal’s revenues increased by 4.5% thanks to cinema successes, such as Superwho?, Waiting for Bojangles and Goliath, and a strong performance from its back catalogue.

Canal+ is now entitled to broadcast movies in France six months after their theatrical release, compared to 12 months in 2018.

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Filed Under: Editor's Choice, Newsline Edited: 26 April 2022 12:11

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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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