Canal+ revenue rises 37.5% after MultiChoice deal

Canal+ reported nine-month revenue of six point four one billion euros, up thirty-seven point five percent following its acquisition of MultiChoice.

“Canal+ reported nine-month revenue of six point four one billion euros, up thirty-seven point five percent following its acquisition of MultiChoice. The headline increase reflects the enlarged group, while revenue on a comparable constant-currency basis was slightly lower across the combined business. MultiChoice revenue fell three percent like for like over nine months, although the decline eased during the third quarter. The figures make the African pay-TV turnaround central to whether Canal+ can convert acquisition scale into durable organic growth.”