Canal+ subs up, churn down
By Julian Clover
May 11, 2010 17.37 UK
Canal+ Group has reported increased subscriber numbers and reduced churn in the first quarter of 2010.
Revenues increased by 2.3% year-on-year to €1,145 million; the combined subscriber base of Canal+ France, including metropolitan France, the French Overseas territories and Africa, notching up an additional 315,000 subscribers.
In metropolitan France, subscriber additions increased year-on-year and digital subscriber churn decreased to 12% compared to 13.3% at the end of March 2009. As ASO progresses less than 200,000 subscribers now receive a terrestrial analogue signal.
In statements released by Canal’s parent Vivendi, no definitive subscriber total was offered.
Vivendi also reported growth for Canal+ in the tough Polish DTH market.
Canal+ Group EBITA fell from €254 million to €230 million, caused in part by a change to the Ligue 1 match programme, with an additional game scheduled.