{"id":7430,"date":"2017-02-24T09:51:51","date_gmt":"2017-02-24T14:51:51","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/canal-sheds-nearly-500000-subs\/"},"modified":"2017-02-24T13:13:13","modified_gmt":"2017-02-24T18:13:13","slug":"canal-sheds-nearly-500000-subs","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2017\/02\/24\/canal-sheds-nearly-500000-subs\/","title":{"rendered":"Canal+ Loses Nearly 500,000 Subs"},"content":{"rendered":"

PARIS: Canal+ Group saw its revenues dip 4.7 percent year-on-year to \u20ac5.3 billion ($5.6 billion), with a decline from pay-TV operations in mainland France, as the subscriber base of Canal+ was down by 492,000.<\/p>\n

Revenues from the pay-TV operations in mainland France were down 6.1 percent, primarily due to a decline of the individual subscriber base, which is now 5.25 million. This was despite a strong improvement in business performance toward the end of the year following the launch of the new Canal offers in mid-November.<\/p>\n

Revenues from pay-TV international operations grew by 5.7 percent compared to 2015, thanks to continued growth in the subscriber base, particularly in Africa, where the year-on-year increase amounted to 692,000 to reach nearly 2.8 million subscribers.<\/p>\n

At the end of December 2016, Canal+ Group had increased its subscriber base to approximately 11.5 million individual subscribers and 2.9 million Free and Orange customers following a deal in Q4 that allows the Canal TV offer to be included in the set-top boxes of these operators.<\/p>\n

Advertising revenues from free-to-air channels in mainland France were up 6.9 percent year-on-year, notably thanks to C8.<\/p>\n

STUDIOCANAL’s revenues amounted to \u20ac416 million ($440 million), down 26.1 percent compared to the record high achieved in 2015\u2014which benefited from performances of movies such as Paddington<\/em>, Shaun the Sheep<\/em>, The Imitation Game<\/em>, Legend<\/em> and The Hunger Games<\/em>.<\/p>\n

Canal+ Group’s income from operations amounted to \u20ac303 million ($320 million), compared to \u20ac542 million in 2015, and EBITA amounted to \u20ac240 million ($254 million), compared to \u20ac454 million in 2015\u2014mainly due to the decline in the individual subscriber base in mainland France (excluding wholesale agreements) and content investments.<\/p>\n","protected":false},"excerpt":{"rendered":"

PARIS: Canal+ Group saw its revenues dip 4.7 percent year-on-year to \u20ac5.3 billion ($5.6 billion), with a decline from pay-TV operations in mainland France, as the subscriber base of Canal+ was down by 492,000.<\/p>\n","protected":false},"author":350,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[538],"class_list":["post-7430","post","type-post","status-publish","format-standard","","category-top-stories","tag-canal-group"],"yoast_head":"\nCanal+ Loses Nearly 500,000 Subs - TVEUROPE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tveurope\/2017\/02\/24\/canal-sheds-nearly-500000-subs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canal+ Loses Nearly 500,000 Subs - 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