‘Paddington in Peru’ and ‘Bridget Jones’ Boost Canal+ as Media Giant Reports Solid Q1 Growth

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Canal+, a leading global media and entertainment firm, kicked off 2025 on a strong note, as its first-quarter earnings reached €1.547 billion ($1.77 billion), marking a 1.5% increase in organic growth compared to the same timeframe last year, based on their recent financial update disclosed on Tuesday.

Movies like “Paddington Goes to Peru,” “Bridget Jones: Back in Form” and “We Live Now” significantly boosted earnings, driving the company’s Content Production, Distribution and Other division to a 8.2% revenue jump, totaling approximately $180 million.

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Films such as “Paddington’s Peruvian Adventure,” “Bridget Jones: Renewed by Love” and “We Exist Simultaneously” significantly fueled profits, propelling the company’s Content Production, Distribution and Miscellaneous segment to an 8.2% revenue rise, amounting to around $180 million.

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Successful movies such as “Paddington in Peru,” “Bridget Jones: Crazy for the Boy” and “We Coexist in Time” played a major role in increasing earnings, pushing the company’s Content Production, Distribution and Other sector to an 8.2% revenue boost, resulting in approximately $180 million.

Although our company witnessed an increase in overall expansion, I must clarify that our total reported revenue experienced a dip by 2.5% primarily due to the conclusion of some contracts and activities. This included the termination of agreements such as Disney+ and UEFA Champions League sublicensing partnership, as well as the shutdown of our C8 channel.

In the Europe region, there was a small, 0.8% rise in organic revenue, reaching approximately $1.31 billion. This growth stemmed primarily from an increase in Direct-to-Consumer (DtoC) subscribers based in mainland France. On the other hand, revenues for Africa and Asia fell by 2.3%, amounting to about $305 million. The company explained this drop as a result of challenging comparisons with Q1 of 2024, which had been positively impacted by the African Cup of Nations tournament held every two years.

Canal+ announced advancements regarding their takeover of MultiChoice Group, a move that will bolster its influence throughout Africa. They’ve pushed back the deadline for the compulsory tender offer to October 8th, showing optimism about finalizing the deal this year.

One key aspect of Q1 was enhanced collaboration with Samsung worldwide, allowing the distribution of Canal+ apps on approximately 25 million Samsung Smart TVs in over 40 countries. Additionally, a fresh deal has been struck with the French cinema industry, ensuring favorable film release timing for both Canal+ and Cine+ OCS.

The company additionally unveiled organizational adjustments designed to boost collaboration among its global operations (in 52 countries). New positions have been assigned to executive team members Jacques du Puy, Amandine Ferré, and Anna Marsh, who has been named as the Chief Content Officer, furthering her duties as Deputy CEO and CEO of Studiocanal.

2024 marked a significant turning point for Canal+, as we reached various important strategic objectives according to Maxime Saada, its CEO. In the opening months of 2025, we’ve been carrying forward this progress, striving towards our ambition of becoming a leading global media and entertainment powerhouse, with firm financial management guiding us.

Canal+ has made public that they will disclose their full-year 2025 forecast and first-half fiscal year 2025 results on July 29th. Their annual general shareholders’ meeting is set to take place in Paris on June 6th.

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2025-04-29 16:47