Canal+, a privately owned company headquartered in France and a subsidiary of Canal+ Group, was founded in 1992 and employs approximately 7,790 individuals. The company reported $6.1B in revenue as of 2024. Functioning primarily in broadcast television and radio, it operates as a digital platform offering streaming video on-demand, over-the-top (OTT) media services, and linear subscription television distribution. Managed by Canal+ Group (Canal+ S.A.), an entertainment conglomerate listed on both the London and Johannesburg Stock Exchanges, the service was originally established as the digital satellite platform CanalSatellite in 1992 before launching its web ecosystem as myCanal in 2013. It functions as a super-aggregator across Europe, Africa, and parts of Asia, bundling hundreds of live television channels, customized localized feeds, and its exclusive native "Créations Originales" alongside integrated third-party applications including Netflix, Disney+, Max, and Paramount+. The platform monetizes a combined transcontinental footprint of over 42 million active users through a matrix of multi-tier contract and contract-free monthly subscription packages.
Canal+ officially completed its acquisition of MultiChoice on July 10, 2026, making the African broadcaster a wholly owned subsidiary, with CEO David Mignot announcing the integration. This development followed allegations on July 9 that MultiChoice plans to shut its DStv service centre in Umhlanga, KwaZulu-Natal, after a large number of employees accepted voluntary severance packages from Groupe Canal+. Earlier on July 2, Canal+-owned cybersecurity specialist Irdeto appointed Canal+ executive Axel Gallant as its new Chief Executive Officer, succeeding Doug Lowther. Previously, on June 18, Burkina Faso's media regulator, the Higher Council for Communication (CSC), fined Canal+ 50 million CFA francs (€76,200) for failing to provide free access to national television channels for its subscribers in the country. This fine came after MultiChoice, the DStv owner, confirmed on June 15 that over 300 employees in South Africa had left the company through a voluntary severance programme, a sign of pressure facing the South African pay-TV industry.
Canal+ offers 3 products in the media and telecoms services industry. Canal+'s product portfolio comprises of media and TV services and broadcast television and radio.
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Canal+'s revenues were over $1B in 2024. Caretta Research has split Canal+'s revenue into 3 different product categories, the largest of which is linear (thematic channel groups). For full access to Canal+'s revenue breakdown subscribe to Caretta Portal.
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Canal+ currently holds 91 broadcasting rights for sports competitions including tennis, golf, basketball, multi-sport, rugby union, marathon, sports sublicensing, sailing, combat sports, padel and pickleball, beach soccer, motorsports, soccer | association football and futsal.
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