French pay-TV operator Canal+ was the star of parent company Vivendi during the quarter to March, contributing the largest share of the group’s revenue growth.
For the first quarter, Canal+ Group revenues were €1.478 million, up 2.2% on the same period last year, or 1.2% at constant currency.
Revenue from the television business in mainland France increased by 1.4% in constant currency compared to the first quarter of 2022, driven mainly by growth in subscription revenue.
Highlights of the quarter include the recent signing of a partnership with Apple that makes all Apple TV+ content available to all Canal+ subscribers in mainland France. New Canal+ subscribers will receive Apple TV+ as part of their offer.
Apple tv news
In what is being described as a world first, all Apple TV+ content can be viewed directly on myCanal and Apple Original series, including The Morning Show, will be broadcast on Canal+ for the duration of the agreement. The offer will initially be available in France and Switzerland and will be extended to the Czech Republic and Slovakia.
Last week Studiocanal announced that it had invested in independent British production company Strong Film & Television
Canal + powerful Vivendi
Vivendi’s overall revenues were €2.290, compared to €2.217 billion in the first quarter of 2022. This 3.3% increase was mainly due to the growth of the Canal+ group, up €32 million, together with the publishing house Havas, up 20 million euros and games company Gameloft, up 10 million euros.