Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, New Canal+ Group posts 10.6 m subs at General Satellite News forum; Canal+ Group posts 10.6 m subs Presenting its 2008 results and posting a strong growth in earnings (EBITDA) in 2009, ...

LinkBack Thread Tools Display Modes
New Canal+ Group posts 10.6 m subs
Bacteria's Avatar
Posts: 96,016

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 90594
Experience: 68%

Thanks: 1,107
Thanked 5,577 Times in 1,419 Posts
Join Date: Oct 2006
Age: 35
New Canal+ Group posts 10.6 m subs - 03-March-2009, 10:50

Canal+ Group posts 10.6 m subs

Presenting its 2008 results and posting a strong growth in earnings (EBITDA) in 2009, Vivendi Group, announced slightly upward revenues at Canal+ Group. Total revenues were €4.55 bn, up 4.4% compared to 2007 while pay-TV operations in France increased 2.8%.

Growth, while small, was driven by increased subs to Canal+ and CanalSat. At the end of last year, the pay-TV offer totalled 10.6 million subs of which half is attributable to Canal+ and half to CanalSat. Canal+ subscriptions remained strong, comparable to those reported in 2007 with roughly 600,000 new individual subs in mainland France. In 2008, Canal+ converted around 350, 000 analogue subscribers to its digital offer and transferred nearly one million TPS subs to the CanalSat platform.

The churn rate on both Canal+ and CanalSat was 14.7%.

Canal+ Group’s other revenues grew significantly, up 13.8% to €701 million due mainly to international operations. Canal+ Poland recorded portfolio growth exceeding 310,000 new subs to 1.4 million.

Commenting on those results, CEO Jean-Bernard Levy said Vivendi SA could be interested in new pay-TV acquisitions but has not found the appropriate target. But he refused to express himself about an interest in Spanish platform Digital+, being sold by owner Prisa.

Vivendi’s total revenues reached €25.3 bn, up 17.2% with an adjusted net income of €2.7 bn, up 8.4%.
Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.