The Limited Times

Now you can see non-English news...

Maxime Saada: "Canal+ wants to be in the top 5 global pay content players in 2030"

2022-03-21T20:21:32.465Z


INTERVIEW – The chairman of the management board of the Vivendi subsidiary looks back on the profound transformation initiated six years ago. And the ambitions of a group with an international outlook.


The rise of Canal+ will have taken six long years.

In 2016, when it was taken over by Vincent Bolloré, the group had very little international presence and suffered heavy losses.

“Since then, Canal+ has doubled its profitability to 480 million euros and has almost erased its losses in France.

We are now reaping the benefits of the profound transformations that we have undertaken”

, observes Maxime Saada, the chairman of its executive board.

The cultural revolution that shook Canal+ made it possible to reform its model around five major changes.

The main one being the expansion of the group outside France, a territory which now accounts for barely more than a third of the group's 24 million subscribers.

“We have moved Canal+'s center of gravity from France to the international stage.

We have strong roots in Africa and Europe, and we are developing in Asia”

, explains Maxime Saada.

A device that is intended to expand.

“Thanks to the support of our shareholder…

This article is for subscribers only.

You have 84% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for 1€ the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All life articles on 2022-03-21

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.