Canal+ reported a 40% year-on-year increase in revenue for the first half of the year, driven primarily by the consolidation of its acquisition of MultiChoice Group.
The French media giant confirmed its annual financial objectives in a statement released Tuesday, citing the integration of the South African broadcaster as a key factor in the strong performance.
The group’s leadership described the results as a "change of scale" for the business, with executives expressing satisfaction with the trajectory.
The acquisition of MultiChoice, finalized earlier this year, was designed to deepen Canal+'s footprint across the African continent and diversify its revenue streams beyond its traditional European pay-TV operations.
This development marks a significant consolidation in the regional media landscape.
By absorbing MultiChoice, Canal+ has effectively expanded its subscriber base and content distribution network across sub-Saharan Africa, positioning itself as a dominant player in the region's growing digital entertainment market.