Canal+ Owner Vivendi Posts $4.6B Revenues, Updates On Company Split Study
deadline.comCanal+ owner Vivendi is still exploring a stock split, as it today posted first quarter revenues up significantly. France-based Vivendi posted Q1 revenues of €4.28B ($4.6B), up 5.4% on 2023’s numbers when using constant currencies and and the businesses the firm owns today.
No earnings were revealed in the unaudited numbers. Within those numbers, Canal+ saw revenues grow 4.3% year-on-year to €1.5B (+3.5% at constant currency and perimeter).
International revenues were up 5.8% thanks to subscriber growth, particularly in Africa, where Canal+ has been buying up shares in MultiChoice and looks set to take over the South African giant.
Mainland France TV operations revenue was up over 5%. However, Studiocanal saw revenues decline compared with 2023, when the likes of Alibi.com 2 and John Wick 2 had significant domestic and international launches.
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