Yahoo·3 min read·medium
Canal+ Posts Big H1 Gains Thanks To $2B Deal For Africa’s MultiChoice
J
Jesse Whittock
✦AI Summary
Canal+ reported a 40% revenue increase in the first half of the year, largely driven by its $2 billion acquisition of the African pay-TV provider MultiChoice. Despite the growth, the company is undergoing cost-cutting measures, including the discontinuation of the Showmax streaming service.
Canal+ Posts Big H1 Gains Thanks To $2B Deal For Africa’s MultiChoice The $2B acquisition of Africa's MultiChoice has helped Canal+ post higher half-year revenues and earnings.
businessentertainment
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