The French media group has support from cinema organisations and leagues against a plan to double VAT on TV subscriptions to 20%, warning it would raise prices and cut costs.
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01Summary
- 01Canal+ has made progress opposing a French proposal to raise VAT on TV subscriptions from 10% to 20%.
- 02The group says it will increase subscription prices and cut costs if the proposal becomes law.
- 03Revenue for Q3 2026 was roughly flat year-on-year at just over €2bn (£1.7bn).
- 04Nine-month group revenue rose 37.5% to €6.3bn, driven by the MultiChoice acquisition.
- 05Canal+ remains on track to achieve full-year guidance and a €250m synergies target.
02Why it matters
If passed, the VAT hike could raise your TV subscription costs and reduce content investment in France and its overseas territories.
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