The Canal+ Group has reaffirmed its commitment to sports broadcasting as the cornerstone of its international expansion. In a financial update released on Wednesday, March 11, 2026, the media giant reported a €6.29 billion revenue for the 2025 fiscal year, marking a 1% organic growth and reaching a total of 40 million subscribers across 70 countries.
As the group prepares for its upcoming Johannesburg Stock Exchange listing in the second quarter of 2026, it is finalizing the high-stakes integration of the South African broadcasting giant, MultiChoice.
Sports: The Premium Growth Engine
Canal+ is positioning sports rights as its primary competitive advantage to sustain profitability:
- European Dominance: The group has successfully secured exclusive broadcasting rights for all UEFA competitions in France through 2031, ensuring a long-term pipeline of premium, high-demand content.
- African Expansion: Through the acquisition of MultiChoice, Canal+ now controls SuperSport, the definitive sports media authority on the African continent.
- Strategic Investment: Canal+ has earmarked €100 million for 2026 specifically to revitalize the MultiChoice group, with a heavy focus on local and international sports content to drive new subscriber acquisition.
Financial Snapshot
The group’s financial health provides the necessary runway for these aggressive investments:
- Adjusted EBITA: €527 million.
- Free Cash Flow: €428 million.
“The integration of MultiChoice and our continued investment in premium sports are the pillars of our strategy to become the leading global broadcasting platform,” the company indicated in its statement. By leveraging the combined power of European football rights and African sports broadcasting, Canal+ aims to cement its status as an indispensable player in the global sports business landscape.