<\/p>\n
French media and entertainment company Canal+ says MultiChoice delivered a standout month in June, with the highest new subscriber uptake in a decade.<\/p>\n
Canal+ took control of MultiChoice in September last year. By March it had announced plans to pump \u20ac100 million (nearly R2 billion) to turn the battling African pay-TV company around.<\/p>\n
In its 2026 half-year results released in a Sens on Tuesday, the company said the turnaround strategy was yielding positive results.<\/p>\n
Read: How Canal+ will turn around battling MultiChoice<\/p>\n
This includes a stronger content offering, securing long-term rights to the Premier Soccer League in South Africa and Men\u2019s 2027 and Women\u2019s 2029 Rugby World Cups across sub-Saharan Africa.<\/p>\n
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So far, subscriber acquisition shot up 40% compared to the first half of 2025 in MultiChoice countries, where South Africa stood out.<\/p>\n
Its total subscriber base climbed more than 8%.<\/p>\n
\u201cFollowing the acquisition of MultiChoice, our increased scale is starting to deliver the benefits we expected. We have achieved half of our \u20ac250m synergies target and remain well on track for the year, and we confirm our full-year and medium-term guidance,\u201d said group CEO Maxime Saada.<\/p>\n
The group\u2019s total revenue increased by 40% to \u20ac4.3 million in the period under review. It said the increase primarily reflects the consolidation of MultiChoice.<\/p>\n
Read:
RWC will be on SuperSport, and we didn\u2019t cancel Winter Olympics \u2013 Canal+ CEO
Canal+ makes strong JSE debut after MultiChoice deal
Canal+ arrives on the JSE \u2026 what to expect<\/p>\n
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Adjusted earnings before interest and tax (Ebit), excluding MultiChoice was up 13% driven by operational improvements.<\/p>\n
It added Europe benefitted from improvements in France, including a systematic review of costs in 2025. Africa and Asia adjusted Ebit up 9% excluding MultiChoice, driven by revenue growth in pay-TV.<\/p>\n
The strong earnings report boosted the share price for Canal+, which has a secondary listing on the JSE main board (1pm).<\/p>\n
Read:
Canal+ makes strong JSE debut after MultiChoice deal
RWC will be on SuperSport, and we didn\u2019t cancel Winter Olympics \u2013 Canal+ CEO<\/p>\n
#MultiChoice #sees #highest #subscriptions #decade<\/p>\n","protected":false},"excerpt":{"rendered":"
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