Competition in the Film & TV entertainment space is fierce and global expansion is a necessity to survive. Canal+ Group has emerged as a formidable player, leveraging strategic acquisitions and content innovation to outpace industry giants like Netflix and Disney+.
Vitrina tracks 262 subsidiaries owned by Vivendi. These include production houses, streamer/broadcasters, distribution companies, post-production partners, publishing houses located all over the world.
For the Canal+ Group, the media arm of Vivendi, Vitrina tracks ongoing projects of over 40 companies including production houses, distribution companies and french and international partners in streaming/broadcasting.
The Canal+ Group continues to contribute significantly to Vivendi’s financial and strategic positioning. Despite an evolving media landscape marked by intense competition and rapid technological changes, Canal+ has managed to register a healthy scorecard.
In the first half of 2024, Canal+ Group showed a good performance with revenue growth driven primarily by its international expansion and digital transformation initiatives. The Group’s subscriber base expanded, particularly in Africa and Asia with strategic partnerships with some of the leading streaming companies in the region. This expansion was complemented by the successful acquisition of strategic content rights, maintaining a competitive edge in a crowded marketplace.
In a highly competitive industry, where giants like Netflix and Disney+ dominate, Canal+ has not only held its ground but has also made significant strides in expanding its global presence and securing key partnerships.
One of the standout achievements for Canal+ this year is its increased stake in Viaplay, a leading Scandinavian streaming service. This move positions Canal+ as the largest shareholder, strengthening its influence in the European market.
The group has also made inroads in Africa and Asia, acquiring stakes in Marodi TV, advancing takeover proceedings with MultiChoice, a major African entertainment company and increasing its stake in VIU, a major player in Asia.
These acquisitions are part of a broader strategy to tap into emerging markets with high growth potential.
Canal+ has been equally aggressive with its content strategy. The acquisition of the OCS Pay-TV package and Orange Studio has enabled the launch of Cine+ OCS, offering a rich array of new content to subscribers. Moreover, the group’s partnership with Warner Bros. Discovery to stream MAX on MyCanal and secure exclusive rights for post-theatrical releases underscores its drive to delivering premium content.
Canal+’s strategic moves have not only boosted its subscriber base but also led to surpassing Netflix in France—a milestone that signals a shift in the country’s entertainment landscape.
Curious to learn more about how Canal+ is navigating the complexities of global expansion and digital transformation? Join our upcoming live session where our in-house experts provide exclusive insights on Canal+ Group’s
- Strategic Partnerships: Learn how Canal+ is leveraging alliances to overcome low production volumes and maintain profitability.
- Regional Expansion: Explore Canal+’s expansion into MENA and Southeast Asia, and how these regions are becoming crucial growth areas.
- Inside Canal+ Group: Get the latest updates on Canal+ Group’s major players, including Showmax, MultiChoice, Viu, and Viaplay, and how they contribute to the company’s global strategy.
- Future Outlook: Understand the implications of Canal+’s recent moves and what to expect in the coming months, including insights into post-MultiChoice acquisition strategies.