Canal+ revenue surges following MultiChoice acquisition, but turnaround challenges remain

French media giant Canal+ has reported a significant boost in revenue following its acquisition of South African pay-TV operator MultiChoice, yet the broadcaster’s turnaround efforts are still facing considerable headwinds. According to Canal+’s trading update for the nine months ended 30 September 2026, group revenue increased by 37.5% year-on-year, largely driven by the inclusion of MultiChoice’s operations after the acquisition. While this headline growth highlights the expanded scale of the