Canal+ has signed a new agreement that will see it invest of €480 million in French cinema in return for early TV broadcast windows.
The agreement covers its principal movie channels Canal+ and Cine+ OCS and grants the broadcaster access to films as early as 6 months after their theatrical release. It takes effect retrospectively from 1 January 2025 for a period of 3 years, running until 31 December 2027.
€150 million will be paid in 2025, €160 million in 2026 and €170 million in 2027.
In a statement, Canal thanked film organisations BLIC, BLOC and ARP for helping complete the agreement. “With this agreement, the CANAL+ group thus reinforces its essential role as the leading partner of French cinema and its ability to leverage its framework agreements with major American studios in the first window 6 months after their theatrical release. It also maintains its ability to offer the best of French and European cinema. Cinema is the primary motivation for CANAL+ subscriptions, and the group is proud to perpetuate its central role in the creative ecosystem and in preserving the French cultural exception.
The Canal+ group is also increasing its commitment to so-called diversity films (films with a budget less than €4 million).
In January, Canal threatened to reduce the amount of money it pays to fund French cinema production after Disney+ secured its own deal under similar terms.
Under its deal, Disney is able to broadcast its own films and other French productions on its streaming platform nine months after their theatrical release. T
