The total number of subscribers fell by 195,000 at the end of last year to around 8.4 million due to a drop of nearly 150,000 self-distributed subscribers, Vivendi said Thursday. The remainder of the decline was attributed to a decrease in the number of wholesale subscribers.
But the rate of decline in the total number of subscribers in France slowed down from 2018 when 238,000 left the platform.
Canal hopes that the number of subscribers has taken the turn in light of a series of recent investments. These include the acquisition of UEFA Club competition rights for the 2021-24 cycle, extension of Formula 1 rights until 2022, and the signing of an exclusive distribution and sub-agreement Ligue 1 license with the pay TV broadcaster beIN Sports.
Worldwide, the number of Canal Plus Group subscribers increased by 845,000 to just over 18 million. That excludes the additional 2.3 million subscribers it obtained through the acquisition of European pay-TV distributor M7 last May.
M7 operates in Belgium, the Netherlands, Austria, the Czech Republic, Slovakia, Hungary and Romania.
Canal Plus is also present in dependent French territories, in Poland, in Vietnam and in sub-Saharan Africa.